Followed by double digit unemployment again?

You could potentially make a double digit return on your money secured with a lien against the property.  

http://www.mlive.com/news/detroit/index.ssf/2015/07/fireworks_damage_dearborn_home.html#incart_river_mobileThoughts ?

I am able to focus on delivering on my committments to my investors.My hold time is 3-5 years for apartments and 5-7 years for hotels.Also, when I refinance, my investors retain their 30-50% equity ownership.My investors are quite happy with the fact that they get double digit returns with the above structure and I've never lost money for my investors even through the Great Recession of 2008-2009.16% project IRR to me is marginal.

The good news is the area is under a fair amount of redevelopment.

I follow about 300 sources of news about the multifamily sector, commercial real estate, finance, the economy.

I would evict get her the hell out, she is bad news. 

The good news is BK has more old duplexes than probably anywhere in the world.

I don't know if I'll be looking for more or not, I'm getting the feeling that once again, all sorts of new people are trying to jump into the rehab/flip biz, which I saw back around 2007 around here and while that's not good news for me, its good news for you!

I ended up scrambling back to a 9 to 5 in order to survive and have been recovering ever since.The good news is "I'm back"!