Have you reached out to local PD to confirm that there are not multiple issues at this location?

You must have cash saving to be a investor not only to have a DB but also a nest egg of reserve funds to cover expenses.

I already have some pitential investors Looking to continue to grow the amount of rentals I have but at the current rate I will deplete my cash reserves quickly and I do not want to slow down while I wait to recover downpayments from my rents.

My recommendation would be to buy a home; consider the following:"The median net worth of an American homeowner is $231,400, according to the Federal Reserve.

An FHA allows us some flexibility which is nice because we can lay down a lower down payment and keep some of the money in reserve in case of emergency, but the appreciation of a home in Detroit with a conventional loan is much higher.One other option that we have explored is buying a rental for the purposes of Airbnb in a different state.

I don't care who they are as long as I can confirm they are a relative.

@Larry LongJust how much money do you have available to invest in this property AND still have a reserve for emergencies?

I'm following up to get firsthand confirmation.

@Kevin RobertsonI gather that the funds are in your current employer and you have confirmed that you can transfer the funds without leaving your job. 

I know that was generous, but I wanted to be reasonable since I had no way to confirm or deny the condition of the unit upon her move in 7 years ago, under the previous owner.