We have about $70k saved up, household income is close to $200k, credit score at 750+ both and we don't have a mortgage so I believe we have a decent chance of getting an approval should we pursue this.I just want to get an insight from seasoned investors here in Detroit area or suburbs.

In turn, you will be required to provide 30% of monthly gross adjusted household income (based on current HUD standards) towards your monthly rent to HOPE South Florida.

So, since I do not make a passive income from the property, I can't normally write off any of my expenses (rental losses, hoa, etc.) from that property on my taxes cause my household income is too high.  

The median household income in the US is $50K so if you retire now, maybe you can qualify for food stamps.

Thing is every debt is different in regard to one actual income/net worth.One with Real Estate income only would view $100k fully paid investment with $500/mo cash-flow ; would be different thana couple with W2 total household income of $400k and multiple stream of income, 75% LTV for 1.5mil investment and $50/mo cash flow, and still travel a lot LOL.

In our area the Habitat for Humanity Restore has a team that will go in and retrieve cabinets, doors, fixtures and even household goods.

This, from the EPA itself:   Residential lead-based paint - In order to reduce lead poisoning and promote efforts to reduce lead in and around homes, EPA has determined that contractors can manage residential lead-based paint as a household waste.In other words, We'll go easy on you, because we want you to remove it... 

Currently living with a co-worker, but only prior landlord reference is to a Spanish speaking household in NYC which I can't communicate with.

Usually, this is about 30% of their gross monthly household income.Configuration - Two bedrooms, three-car garage, large back yard, single-story, two stories?

Tanya Smith our household income outside of investments is around 100k.