636K can vary to some higher priced areas in the country, but the majority of the country falls ~417K.

I don't have experience in the Detroit market, but I assume there are plenty of properties available that look great on paper but are going to be a real challenge to manage properly, especially from across the country.

Took them to court and only recouped $1,400.

In other words they have not provided the court with any instructions on how they want their assets distributed through a will.  

I understand that it's a process with the courts & it could take a few months, but in the meanwhile, the tenants has turned the utilities back on under their names.

I bought the place new in 2009 and spent $270k furnishing it with a decorator and installing my own cabinets and appliances.2) Eddie - Houston is the 4th largest city in the country, I cant believe you said that and honestly believed $3.7M was only for LA or NYC.

Barring an unexpected Kasich veto the foreclosure process in Ohio is about to change.Here are a few highlights of the bill: Creates an expedited foreclosure process for vacant and abandoned properties.Adopts the Uniform Law Commission language concerning standing and the ability to sue for foreclosure when the note is lost or destroyed.Establishes that a person is guilty of criminal mischief if he knowingly causes damage to the residential property after being served with a complaint in foreclosure.Modifies how taxes will be prorated in foreclosure cases.Allows, after court approval, the use of private selling officers in foreclosure actions.

If you are getting a loan from a friend or family member, it is a good idea to use an IOU note in case you need evidence of the debt in a court of law.

I will be out of country for a few weeks but will contact you when I return.  

Saying they are the highest in the country, with the exception of New Jersey is about as ridiculous as saying all of Michigan is a gang infested slum, simply because parts of Detroit are.Also, Texas State sales tax is 6.25%, with local cities and municipalities adding on top, but it is capped by the state at 8.25%.