The bigger concern is with whether or not the property meets FHA's guidelines for safety and livability.When flipping a property to an FHA buyer, you'll need to budget to have a second appraisal.

I thought about the kids safety too, Jerry.

What ever you decide to do, take your time, educate yourself, be patient.

I have read of people referring to a Mapping Feature that breaks down areas into ABCDEF according to certain (price, safety, desirability???)

Always have a safety net so you do not have to borrow for repairs, etc.

I already know I don’t have the patients for it.

I guess my main concern is privacy, and more importantly safety.

Even so, says Bing, persuading people in mostly deserted areas to move to denser areas, where there is "safety in numbers," is a challenge.The population continues in flux because of another acute problem for Detroit - the foreclosure crisis.

Many new investors are so desperate to get a deal, they forgot the most important component of investing, SAFETY & bid the property so high, more than the true value!

Negotiators say it's better to negotiate on neutral ground rather than their place, so there could be advantage beyond safety.