Michigan properties..500.00 to 3500.00 on ebay

[Dirk Smithson]

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..

[Joe Villeneuve]

I don't know whether to laugh or cry...I chose laugh because it is really funny.  The questions, and off hand comments, are really sad.  You know nothing of Michigan do you?  Michigan is a great state.  You may be surprised at the fact it has a police force, an actual legal system, and a surplus of renters.

You do realize that Michigan is not actually in Detroit, and that the suburbs are thriving? 

 Every comment here should be directed to Detroit, however it appears as though it is being directed at the entire state of Michigan.

Here's another fun fact. Many, Many, other REI's are bringing their cash here to invest because of the returns...oh, and because their investments are protected by one of those police stations with a courthouse...although the last time I checked, it did look like it might have been built before 2000.

Oh, and thanks @Account Closed for your voice of sanity.