$104k purchase price w/ minimal immediate work needed, 2 blocks from campus, will probably rent at around $400/student (4 BRs, so $1600 total). 

The property is within a block of the high school in town and is right off of the main road.

I have also encountered a lot of difficulty in getting a response from brokers who have distressed properties listed- they simply don't return calls let alone show the properties.I'm currently enrolled in a class called "Better Buildings, Better Blocks" that focuses on investment in Detroit's neighborhoods.

It’s the self doubt that is my biggest stumbling block and inhibits my ability to act.

We typically have to brace and add interior drain tile to fix most basement problems and rarely have to excavate on the outside.

We added a french drain at the perimeter, and a sump pit/pump and its been dry as can be since, we then ripped up all the subflooring ,replaced the floor joists and a few sections of rotted walls and continued on the with the rest of the renovation. 

Every surface, odor blocking primer, then 2 coats. 2 floors that had carpet, stripped down to wood floor, soaked like #1, 3-4 coats poly, luxury plank vinyl over that. 4. 12-24 hours ozone machineStill can smell it, especially on humid days.

@Marshall Gerston - our first property was a house a block away from BYU in Provo. 

I'm not surprised that they are changing it to block higher income earners from using the loan program.

Is this with a bank or "Lefty" down the block?