I received rates as low as 4.2 and I went with the 4.8.

I would recommend building up at least a 720 or 750 or 800 FICO for freeas soon as possible so that you can open the most financing doorsanytime during this project and beyond.Another option if you are bootstrapping is to use bank bonusesto get free cash and start a LLC to build business creditthat can help you get much higher limitsat places like Lowe's, Home Depot, etc.Google any of the following for free help:Bank/Credit Card Cash BonusesCreditBoards business creditCreditKarma free credit reportsHome Depot/Lowe's business credit card

As such, I assume these types of reports will help shed some light into the expense of owning a property?

I was worried too because Gillum was buying low-info votes with taxpayer money with a fury.

Brandon Turner saying a quick and dirty way to estimate rehab cost when you do a preliminary analysis is $10k to $12k if it is light rehab, $25k if it need medium rehab, and $50k if it needs a lot of rehab.

Low-Intro rates, low overall rates, etc.

It's written on a light tone, and takes you from the Mindset needed to succeed, goals, plans to think like an integral investor. 

Thanks guys, it's reassuring to find others in the know who hold a positive light to investing in Detroit, there are pleny of doom-and-gloomers out there, thats for sure!

Lights were hanging by threads or sputtering. 

The property is zoned both for residential (semi-detached and detached), and for light commercial use (e.g., neighborhood grocery store, medical office, etc.).