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 am lucky that I was married to a woman willing to help me that has been saving money for about 25 years with her employment.Luckily, my wife is a computer programmer that gets pretty decent pay that pays for my recovery food, diapers, etc..  

Your depreciation is based on the cost of the dwelling structure with a 27.5 year recovery period.  

I am hoping to finish a masters degree before I take on a full-time job at a church as a youth pastor, so that could be several years from now--especially if I continue working full-time with LU.After reading several books about making money, I am pretty convinced that Real Estate is THE major on-ramp for building wealth--at least for people who aren't blessed with the athletic abilities of professional athletes, or people who inherit money/companies from their parents.

You could buy the note and run foreclosure yourself from second lien but that may not be afford you any recovery either and you would increase your costs to foreclose.  

You can keep down on the trouble tenants by implementing and enforcing rules that deter negative behavior.I have another client that has a boarding home for "ex-prostitutes in recovery".  

I’m a female entrepreneur (small biz owner), professional athlete, MBA in Finance & Marketing getting ready to make a move into real estate investing.

Pulliam Properties has developed many outstanding commercial, retail, office and industrial properties in Western North Carolina and has been instrumental in helping many major commercial companies to locate their facilities in the Asheville/Buncombe County area.An accomplished athlete, Rusty was named Western North Carolina’s high school baseball player of the year in 1976 and was later inducted into the Montreat College Sports Hall of Fame in 2002.he is a licensed real estate broker in both North and South Carolina, has served as a member of the Board of Directors for the Asheville Chamber of Commerce, first citizens Bank, Ralph Sexton ministries, and the YMCA.Will 2016 be a record year for commercial real estate investments in the Asheville area?

Pulliam Properties has developed many outstanding commercial, retail, office and industrial properties in Western North Carolina and has been instrumental in helping many major commercial companies to locate their facilities in the Asheville/Buncombe County area.An accomplished athlete, Rusty was named Western North Carolina’s high school baseball player of the year in 1976 and was later inducted into the Montreat College Sports Hall of Fame in 2002.he is a licensed real estate broker in both North and South Carolina, has served as a member of the Board of Directors for the Asheville Chamber of Commerce, first citizens Bank, Ralph Sexton ministries, and the YMCA.Will 2016 be a record year for commercial real estate investments in the Asheville area?

I was just in Jacksonville and it is still in recovery mode.