@Tim Nethers ...they are out there, but you have to know who to contact. 

I meditate for 25 minutes, let out my dog, make my coffee and then play piano.

Seems like you are looking for a passive income play. 

If the property is in service (advertised for rent), you can maximize the de minimis safe harbor rules which is where the $2,500 per invoice or per item comes into play.

On-line Auction Foreclosure Website.

I'm from Baltimore as well and looking to acquire my first property.

Anyway I’d love to chat if you want and welcome to BP!  

A couple of things to note:1.

Hey @Doug Hogan, no it's not a foolish idea to hold onto it.

If you’re able to dive deep or work with someone who has boots-on-the-ground experience, the returns can be very rewarding.Good luck with your journey, and feel free to reach out if you’d like more insights or resources on Detroit!