@Kimberly Gomez-  Movement mtg  has  some  rehab / remodel  programs that might help 

If you want your BRRRR machine to be perpetual - try for 30% off ARV!

The movement of development has forced a bigger portion of the low income population out of the city, causing the population decline and yet the heavy culture influences and growing corporate footprint is causing a regeneration from the center outward.Detroit has enormous upside and will be a great market long-term.

Seeking wholesale deals and a maximum allowable offer calculator I was able to get a reasonable purchase price due to the condition of the home and lack of movement in the area.

I'd go further to also lump folks who buy properties to make money on "rapid appreciation" (like a property increasing in value 50% in a year w/ no improvements) in with that group - most have NO understanding of all of the market forces that cause these movements and no clue how to actually analyze the market .Even the experts who have substantial education and work for multi-billion $ firms don't predict major market disruptions (in either direction).

If you are a flipper market movements matter much more. 

Sales are down about 25%, so there's inventory and not as much movement. 

I'm part of the "slow and steady" movement, but I'm also not looking to jettison my job and go full-time winging around the world, either.

I like the direction of movement in the Eastern section of Birmingham.Irondale, Leeds and Moody are the local cities.Bluehouserealty, Joe Turney is who we are networking with in this area.  

Do you want to become financially independent early (in line with the FIRE mindset movement)  Then ask what fits or how would you get there?