@Quandra AdamsI am not an insurance expert, simply was sharing with you my knowledge based on my experience.

Go off of the numbers @Thomas ORourke  There is a BP calculator that will help you determine that. 

Worse yet, the BRRRR strategy is simply equity stripping.

Even though this property isn't considered commercial real estate, you may be able use this approach for determining its overall value if you'll be using a local bank and obtaining commercial financing.

The notice stated " This property has been determined to be vacant/ abandoned.

Generally the market determines if it is acceptable.

As such the credit score would standardize that and give you a score to help lenders, banks, etc (investors) to make quick determination whether to lend you money or not.

I know you have 10% on there, but if you can get the hard figures from the tax collector's office, it will help to make that determination. 

Ten years ago, this city was simply *blah*.  

I have been thinking about something similar to this, but from the other end:Are any investors out there (partially) funding a targeted campaign in exchange for 1) first option to buy and pay a pre-determined wholesale / assignment fee or 2) X% of net profit.