So go ahead with the purchase even it is a manageable negative flow.Are there other costs associated that I need to know about?

It is also public record.Also just to give you a heads up, the foreclosure market has also gotten much more competitive.  

I think I will just go ahead and attack my debt full-force so that I can begin on reducing my school loans as soon as possible and begin investment savings sooner.

@Dylan Bensinger I would go ahead and give her notice to vacate/non renewal of MTM and move on.

I'm sure things will continue to do well b/c Detroit has organic growth ahead of it, but due to the rapid appreciation and ># of investors piling in from around the globe, it's more of a risk now than it ever was in the Great Recession. 

Contrary to the multiple internet gurus or guest REIA speakers that sing the vestibule of virtues offered by this rudimentary of legal tools, the land trust is simply and nothing more than a title holding vehicle.

THEY ask YOU if you can sell it to them because they happened to see your Contract lying around), and will be quite OK with signing your B to C Contract ahead of time, because they already know that by the time it DOES come to closing, you WILL be the Title-holder!

If the overseas markets really are so attractive, you could mix the two (buying in the US, buying overseas), and come out ahead relative to foreign-locals who only have 50% LTV @ 10% available to them.

I'm gonna go ahead and say it because I just read the book but...."

Paul Allen This doesn't come from a book but I do look at the stock market as a great retirement vehicle.