I hate this article. 

I pointed him to this article, which is directly on point.Title Insurance Complexities in Tax Foreclosure PurchasesBy: Adam Leitman Bailey & Dov TreimanBy Adam Leitman Bailey

Even after reading a few articles, I'm still a bit cloudy on how renovation costs figure into my overall calculations (and whether it should be considered when trying to calculate a CAP rate).  

I was reading an article (maybe the Brandon Turner blog post on buying a 4-plex that turned out to be a 5-plex?)

v=2BNfRtb7TgY I've had people try to 'negotiate' away their PMI with me using a BofA quote (I've seen that article you linked many times, it was a great paid advertisement ahem excuse me 'news article' that went viral), and it's always identical to LPMI given the pricing on the day the "no PMI" Loan Estimate was generated.

I encourage you to read this last article not done reading but Perhapps May have lots of information to some of the answers your concerned for.

I've been reading articles a lot the past year on flipping houses, especially here on biggerpockets, and i'm excited to get the opportunity to flip my first house down the road.

I've seen an few articles which say it is possible but nothing comprehensive.

Here are some articles to look over might be of help :Detroit Revitalization Efforts - https://www.freep.com/story/news/local/michigan/detroit/2018/05/07/how-detroit-plans-raise-130-m-invest-7-neighborhoods/585989002/Areas on Detroits "Revitalization Map"https://nextcity.org/daily/entry/detroit-expanded-plan-to-spread-the-wealth-to-neighborhoodsFitzgerald...https://www.crainsdetroit.com/article/20170405/news/170409919/fitzgerald-neighborhoods-4-million-plus-project-to-be-led-by-the http://www.fitzgerald-detroit.com/background/ Grandmont-Rosedalehttps://www.crainsdetroit.com/article/20180510/news/660351/develop-detroit-plans-70-new-renovated-homes-in-north-end-grandmont Dugganhttps://www.yahoo.com/news/detroits-mayor-walks-line-recovery-gentrification-can-work-cities-090025888.html?

I in the meantime kept reading articles in BiggerPockets.