Quote from @Jay Hinrichs: Quote from @Drew Sygit: Quote from @Natalie Allie: Looking for advice from seasoned investors in the Detroit area - specifically how investors mitigate risk when investing in the inner city and what the best solutions are to secure properties, avoid squatters, etc...

I know there's no way to tell until a buyer actually pulls the trigger on it. 

Pull comps, estimate rehab, study what actually sold - not what’s listed.

It can tell you if building permits were pulled for remodeling, roofs, furnaces, etc.

Check who has recently pulled permits in the area and reach out directly.On the end buyer vs investor question - it depends on lot size and location.

At that point you can refinance based on the actual NOI and potentially pull equity for your next property.

Then would you keep rolling or pull profits?  

My local bank would refinance me at that point since the principal paid would be past the 20/80 threshold.if the seller rejects this, are there any other creative solutions to bag this deal?

It is one step above "eh, I just pull 20% of all my buildings for 1245 property".   

Pull the money from it at 9% interest fix it up over the 2 month hold period and refinance into a dscr loan using an LLC.