In my opinion principal reduction is the best option instead of buying interest rate since money will not go directly towards principal.

I've seen things like young kids hanging out there and even people using it as a dump zone.What are my options with this property next door?

It just fits our buy box and meets our criteria for a house hack turned long term buy and hold at that purchase price.

Yes, the spring/summer season sees demand ramp up, but that doesn't mean a house listed in December won't sell.If you buy in October/November, chances are you won't be listing until January, anyways.If I had a house completed on, say, December 15th, I would likely sit on it through the holiday season before taking it to market, but I would talk to realtors.  

This is a great place to learn and to connect with people so take advantage of all the great resources.

Yes, I was trying to avoid the use of PM and that was why I was seeking some guidance and to see if it was even possible from people with more experience.

@Travis B. can you recommend other PM firms in Detroit for those who aren't buying properties with or through you?

Investment Info:Condo buy & hold investment in Tucson.

@Jacoby Atako are buying single family homes ?

I want to go over all the info I have and see if people have suggestions on what else might be available or what I can do to make better decisions.