It will depend on the insurance policy of course, but I know several apartment complexes minutes from me in the Germantown neighborhood and they received extensive damage and had to release all of their tenants from their leases because of reconstruction of their 100+ unit complex.  

IMO, if you aren't doing extensive rehabs on Detroit homes it's not worth investing there.

In the last few years I’ve done a fair bit of research and reading on Real Estate and have been studying the subject extensively, almost to the point of obsession.

I did fully close this property myself and collected rent for 2 months before selling the house.  

Make sure you verify the expenses to include getting actual financial data from the owner from tax returns and bank statements to verify actual rent collected especially since they were “generous” with rent. 

Initial $7,536 will be collected for materials.  2.

I do pretty extensive pre-screening before any showing. 

With The way  the non-advalorem taxes are collected the Seller of the relinquished property ended up with 189 credit and they were concerned with taking any cash as a result of a sale thinking it may trigger a tax event... so they opted to have that credit increase the amount of proceeds they received.

The Recorders office collects various fees and how the fees effect landlords as we do multiply transactions.

Biggest piece of advice: don't be afraid to file an extension.