To that degree, I agree about the "surplus" of beds; however, differentiation sounds to be your play (going "upscale").One suggestion - have you ever looked at properties more towards Clarksburg?

Plenty of other opportunities elsewhere, my clients are involved in institutional grade properties across the country. 

I definitely agree on that, Account Closed Do you think the fact that there's a squatter will scare away most investors from picking up this property?

@Mark AlexYes foreclosure sales go on every day at the Court House steps around the country.

I totally agree!

I do agree that if I had seen more reliable information I may have accepted them.

Selling to out of state or out of country investors doesn't make them suckers or mean my interest are in opposition to theirs in anyway. example here I have a 30,000$ property rented at 800$, a 20,000$ rented at 700$ which others may be open to investing into this market from other areas that don't have cash flow like this or so forth.

welcome to bigger pockets sure agree what we  do has to be a full circle with every ones  winning....karma sucks if  this is not remembered....give me a call may have some starting idea for you

@Tommy Reed Agreed! 

There is a pretty small pool of like-new houses near downtown Ann Arbor, especially those of decent size, and we have a lot of transplants coming from all over the country to work at the university or other businesses.