I have had people work for me for years under this concept and with some very few minor disagreements it has worked out very well, the money saved allowed us to do 3x the work than if we had gone the traditional route.

I've hated many of my tenants in my career.Given your negative feelings on the tenant I think you will feel better looking at this another way.

I don't mean to be negative, but would like to be realistic.

Any insights from your experience, whether positive or negative, would be greatly appreciated.The attached link explains the current situation with the Detroit Housing Commission (DHC), highlighting that they are severely understaffed and have limited communication with both tenants and landlords.

Look, I know the whole concept of a 1031 exchnage can feel a bit like reading a foreign language at first, but trust me, once you wrap your head around it, you might never look at property taxes the same way.

I am just researching, and the more "negative" stuff I found about it the more I am inclined not to make an offer on it.

What are the negatives?

I also read forbearance negatively affects your ability to buy more property.  

Profitable and stable are two words that have a negative correlation. 

That all is changing now, ever since Hilco Redevelopment Partners purchased the property in 2020, and received concept and development site plan approvals in 2022 and 2023.