Sounds like a fair deal if it's near to where you live so you can watch and maintain it.Does it have good curb appeal?

In 15+ years of real estate experience, reviewing more than 10k houses, one gets an eye for a few details.The touches on this house look nice, good curb appeal.  

Next I would do a google street tour of all the comparable sales to compare how the street looks and the curb appeal was for each property.

This can help with seeing how far off  an overall widening could occur.If your property is also where a curb cut yield or turn could be placed onto another road that could also impact the land. 

Last week is prorated for days stayed.No inside furniture outside, I will get a ticket.No parking on the front lawn, you will get a ticket.No stray animals allowed inside, you will get fleas.Take the trash dumpster to the curb on the collection day.That's it.We shake hands, exchange money and receipts.

So you get a two-for one , fixing a major system and adding some curb appeal.

Good agents do that.Also remember Sellers perceptions are not reality many times.. sellers think things are great with their house when its a train wreck and vis a versa.. buyers especially with all the internet guru stuff are out there in droves trying to wholesale with no money.. a good agent can flesh that out and kick them to the curb like they should.

It's also somewhat of an art for a mortgage broker to match the property and the borrower to the best lender that is being aggressive for rates and terms and has a strong comfort level with that deal size, location, and product type.You can do a loan on your own but often when it is a one off without an established relationship it is easy for the lender to kick your loan to the curb when problems come up.

Keep in mind the first one is speculative and from 2012, but still informative.http://detroit.curbed.com/2012/5/24/10368218/could-the-next-hot-area-for-rentals-be-palmer-park-againMore articles from Curbed Detroithttp://detroit.curbed.com/search?

good job;  IMO, focus on amenities that other units fail to provide and keep curb appeal neat an clean - - it makes a difference.