Homes in the upper tier ($250k +) are taking longer to sell, however.

Not being any sort of expert...and in fact being a NOOB, I say do it if you can get a deal on price (and the fixer-upper still works out to a deal after it's all fixed), if you do not need property management, and if you can genuinely make the cashflow math work with current rent rates.

I was thinking of buying fixer uppers and fixing them up to rent to handicap people.Lower counter tops, wheelchair ramps, wheelchair accessible showers ect...A friend of mine mentioned it and I though it might be a good idea.

I am buying a condo in Palm Springs that was built in the 80s that needs some TLC. I will need to replace all flooring and redo the bathrooms and kitchen. This is a 2bd/2bth 1200sqft first level unit. Do you know what...

I would hire out on a job to job basis especially since you don't plan on purchasing a fixer upper.

Well I mean super bad because in general most of Detroit is bad unless you are upper class and investing in the best of the best.

They don't last long if you ever even see them hit the MLS.Consider buying one of those older homes on a FHA loan with low downpayment or even a 203k to help with repairs if its a fixer upper.  

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I'm very interested in fixer-uppers and (eventually) owning rental properties. 

Some investors in the south Bronx I spoke to are willing to pay a 5 cap for a turnkey or around an 8 cap for a fixer upper.