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Updated about 10 years ago,
Michigan properties..500.00 to 3500.00 on ebay
So here's the 500.00 question, Michigan seems to have some serious issues right now. You can buy a 1400 square foot home in the murder capital of the world for right around 1000.00
Has anyone done this and made money? I'm thinking it's still a US state has police and a legal system. are there no renters willing to move into these homes.
What is the occupancy rate like? If you were to drive down these streets are they totally abandoned, or will you see a home legally occupied every 3,6,9 houses?
I see these in Flint and Detroit. I know there has been an exodus of sorts, but it would be interesting to find out more info. It has to be safer than some South American countries or maybe not..