As for JHH over the past 3 decades people have speculated that area would improve and I don’t fully understand why it never really took off other than the extent of crime and lack of physical barriers around it so as for the turn around I will believe it after it happens and would put my money in Federal Hill, Locust Point, Fells Point or Canton. 

It's SO important to have boots on the ground to physically walk properties in Detroit before closing.

This company operates several business :- life/wealth coaching/guru/whatever- day trading crypto- ecommerce aggregatorWhat they do basically they buy bankrupt or very young product company that sell real physical product like fashion, and resell their biz.

You would not want to invest in a physical property in the zone without doing the 1031 as that would not provide any tax deferral benefit. 

The odds and physics are against you. 

I've inherited the existing tenants, and one of them is now moving out, presenting an opportunity for a turnover.As I manage this property remotely (I use Hemlane for property management) , I'm looking for tips and best practices from experienced out-of-state investors on how to effectively handle the inspection and coordination of necessary repairs from a distance.Specifically, I'm interested in:Remote Inspection: What tools or services do you use to get a thorough understanding of the property's condition without being physically present?

With single-family homes, the issues are different, you carry the full burden of maintenance, so the physical condition of the house, along with any municipal violations, becomes a much bigger factor.In the end, for me it always comes down to three essential considerations before bidding: understanding the market conditions surrounding the property, knowing which liens or debts you would inherit, and being clear about the physical condition of the property and the repair costs you might be facing.

Physical REI is not a paper investment; almost anyone whose invested on paper numbers I am willing to bet is showing a lot less than the reality of if it unless they took realized gains by selling(into the appreciation rate) or cashed out refi. 

Downside = no physical branch if you ever need in-person service. 

Yes, you're missing the underlying appreciation of the house, the value of storing money in a physical asset versus an alternative and capex costs.