In Phoenix you can avoid the requirements for a grading and drainage plan, soils testing and building pad by classifying as a remodel instead of new build. 

Before occupancy, you need to have a thorough inspection (with pictures) done in person that they sign, along with a healthy deposit (no $99 move in specials).

It's been a great learning experience with several healthy headaches, but I'm definitely ready to make a move into a larger home with central AC as Texas temps break the 100's way too often.On the profession side, I spent the past 7 and a half years in insurance, and in mid-2017, I began saving up for the jump to real estate so I could immerse myself in the industry (and hopefully pick up a few good deals along the way).

There certainly are other low barrier markets that have a healthy pool of tenants to choose from.

So, if you're not going to do the work yourself, or if you don't have some magical contractor that can do it cheeper (and better) than anyone else, the only reason not to buy it finished is if the price you get it for, combined with the price you're paying to fix it, combined with a very healthy margin for your risk and the inevitable surprises....

such as cleaning your gutters, extending the downspouts as far as you can, regrading all the soil around - especially the areas where there is water pooling. 

Healthy trees need not be removed.

Look no further than maps with traffic, ride sharing, online booking services, even agriculture adjusting fertilizer in every square foot of the field to match the soil needs. 

This implies that Detroit was a healthy market up until 2007/2008m which i wasn't.

If it is a healthy mix of 1 and 2 bathrooms, then you deduct from the comp for your lack of one bath and that will likely be more than $10k but I cant say for sure without knowing your area and all the comps.