Too many variables.What I will say, you are definitely focused, appear committed to doing the homework and similar things which normally result in success.As long as you are happy with living in Detroit (including the winters), go for it.Have you considered any other city for the next chapter of your life?

If you don't have experience doing this, I would do a lot of homework before you think about it.  

I knew nothing of real estate, but my math told me the extra income would pay my mortgage and then some.

Math penciled out to cover ~90% of debt and utilities IF we lived in the bottom, put a single-wide in front of the house to rent along with the top 2 stories of the main house, but we didn't do it because we want more than a 1/1.

1400 rent-300 If financed (guesstimate)-400 HOA-140 PM-170 taxes-25 insurance-140 vacancy-100 capex=125 cashflow monthlyobviously back of the napkin math and you didnt provide enough info in regards to capex PM etc but doesnt seem terrible nor great using back of the napkin math.

Just been doing my own homework.

The competition at these courthouse step auctions can be tough, do your homework and be careful, you never know what kind of mess you are going to find inside the house if you end up with the highest bid.

I’ll be there next month and want to do my homework prior.Thanks.

Have you done your homework?

When shopping, you will notice that some turnkeys are wayyyy overpriced, do your homework.