I have no idea. 

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Any ideas, thoughts, suggestions would be appreciated. 

Loved the idea of real estate!

I think fixing it up and keeping it would be the best idea.

Good idea and good luck with your flips

I am not against the idea of property management, but I am a big proponent of managing your first few properties yourself; there are many benefits outside of the costs to be considered with that decision. 

The idea of taking some real steps in real estate has absolutely captivated me... and I'm really interested in the prospect of investing in Detroit as a long distance investor.

They are forcing major inspections with the idea of forcing them to repair any problems found no matter the cost or evacuate the building.

Or take the 401k loan.. collect some of the interest from the savings and just pay it off but as the payments go down less interest i will get back Any other suggestions or ideas ?