If this is the case, the corporation was never wound up (assets marshaled and distributed to the shareholders).

@Kevin Young sorry can you explain a little when u say break even I don’t think I get it.

U have to sell it for a loss if your going to take a loss. 

That small size makes it difficult, and if you decide to go 100% remote on management you will lose the U-Haul opportunity, which is undoubtedly part of your purchase price. 

I saw one two weeks ago in south side Chicago some really nice stuff but no way the open market can build it when U can buy a fully rehabbed brick double for 220k or so or a shell for 50 to 70k .. there are thousands of vacant lots scattered throughout the south side of chicago that could be built on infrastructure is there.. but does not make financial sense..  

@Rob U.

Hello,I want to renovate a kitchen for an investment property, what software would u recommend i use to see it online and then in real life ? 

Rent a U-Haul and go around and grab them up when you arrive.

Break it down to dollars per square foot average and see how your property wound price out.  

@Lydia Woods before buying in Detroit u need a very responsive team