Also it is Detroit I realize some people are making a killing, but more than likely you will have to hire security also to keep your rehab going forward, so your work is not destroyed and stolen.

I use laminate countertops from Lowes and I don't replace cabinets unless they are really destroyed.

You'll benefit from the lowest interest rates, and be approved for better lines of credit.It takes time to build a great credit file, but it can be destroyed in an instant.  

No one wants to manage it you can't collect and the tenant destroys the house.

In that case it would be advantageous, leaving you time to fix up the place after they destroy it (joking, I hope) or do some improvements, but the property is being used less so that makes sense if they agree.

I just finished rehabbing my own house after it was destroyed and found a passion for the work.  

Like an abandoned house with mold and doors is an obvious choice, but where is the line drawn between destroyed and updated enough that competition will buy house regardless of its appearance?

Anything above that will destroy the economics.

A tub of caulk only costs $5 and you can't really destroy anything if you mess up.

To see others destroy as if you will "art" really is upsetting.