The hardwood in kitchen would need to be sanded and refinished and carpets need to be replaced with either carpet or LVT (Can't afford hardwood, and do not want laminate or engineered wood)One of my concerns is the height difference from the hardwood in the kitchen being 3/4 inch higher. 

@Brett Leavitt This is amazing, I really need to figure out my local market soon to see how i can best apply this method.  

My main concern would be the vacancy between tenants, and cost associated with a tenant moving out like paint and cleaning.   

I have a few concerns/fears (my inspection period expires on Friday so I need to make a decisions ASAP) 1) The street, 13th Ave is a cross street that people cut thru.

I understand the concern. 

You concern should be #1 as without knowledge/training you are going nowhere.If you want my pick just PM me and I will let you know.Good investing...

Go with the Reverend @Lucas Carl method. 

Now we've begun to consider the idea of real estate investing via the method of live-in flipping or a live-in flip - BRRR hybrid method. 

The big issue I am concerned with is trying to buy a home that has foreclosure proceedings filed (so the owner is behind).

When is the best month to buy real estate in MI, as far as inventory and prices are concerned.