This is on the upper end of the price spectrum for Marquette too. 

I feel a lot more confident in my actions now, and as much as I hate the conflict still, I now finally feel like I'm the one with the upper hand (as I should be since I OWN the property!!).

Just this past weekend, we placed a bid on a fixer upper with termites, extensive water damage, dry rot,  you name it. 

While this is simple anecdotal evidence to support my general statements, you can use https://www.incomebyzipcode.com to easily compare any given zip code on the east and west side to compare median income levels.

To what level/quality!

Its such a blessing to have a site where like minded individuals can come together and throw around ideas and help each other scale their business to the next level.

And this was upper starter home price.

Hello all, I am making my first home purchase (a bit of a fixer upper) and would like to include a clause in the escrow agreement that allows me to back out (while recovering my earnest money) if the inspection finds any major (as in, cuts the projected home value in half and makes the deal non-viable to me) problems. 

When I meant by borrowing 200k was to buy a fixer upper for cheap (from a whole saler, or off market deal), and use that 200k to basically buy and rehab the house.

Thanks @Josh Stack, my focus so far has been on comparing different markets at a high level.