The normal 203k requires more documentation, appraisals, and inspections.

Found what was wrong with the property during inspection, had multiple contractors quote remedies, and leveraged it to a large credit at closing that paid for the down payment and a check to us!

Does that include everything on the inspection report? 

Talk with the tenants during your inspection to understand what's going on or figure out when their lease ends and address..

I think the cost savings could be significant, but the main hurdle seems to be getting through local inspections.

I verify these numbers during the inspection phase to make sure they are accurate.

Waiving inspections, higher down payments or cash offers are all ways to help get offers accepted.

Close to what they're asking with the whole 9 for inspection and appraisal. 2.

I understand that they require yearly inspections (regardless if the tenant is there or not).

Also understand that Detroit is a bit "Wild West" in that it doesn't run like a lot of other urban cities regarding inspections, permits, and such.