Same story in Indian Village Burns /Fischer streets share alley with some of Detroit's best houses on one side and some of the worst on the other.

You can also go into some of the less sexy areas(North End, or Mexican Village) buy it and hope the neighborhood starts to turn in 5 years, and in the meantime some of the newcomers to the city get tired of premium rent, leave Midtown stay in Detroit, and land in those areas(two of my tenants have in the last six months).

What about Inspirada, Cadence, the Union Village medical development, Dragon Ridge, Ascaya, etc?  

As much as it looks like theft is going crazy in Raleigh compared to the other zip codes, it is really a collection of minor items that has driven that number up.38118 - Parkway Village  - Had 6 occurrences in the first quarter with a couple of AC units, a couple of coils, a furnace with 1 minor vandalism.38116 - Whitehaven - Had 5 occurrences and those were 2 ac units, a furnace and 2 minor vandalism incidences.No other zip code that we manage had more than one incident in the first quarter.As for $30,000 houses, I think you can find some in each of these three zip codes, but again, I'm not sure these numbers would apply to those areas.

I found an ideal spot East Village once but they wanted $35k upfront and they were only willing to give me 7 months lease.  

Living here in Hot Springs Village.

Everyone in the village was on the river this past weekend net fishing the smelts that were running though. 

Well @Mark Shaffar when you mention if whether or not Milwaukee is really "that bad" or not (and this is the CITY of Milwaukee I'm referring to, NOT anywhere in the entire metro of nearly 2 mil people and maybe 30 or 40 cities and villages, etc but the CITY is only place where you'll find many or maybe 75 to 90% of these "incredible buys with awesome rents" I keep seeing people from mainly the coasts getting all hot and bothered over!)

We're having a meetup tomorrow night in Cameron Village if you're interested!

It is in one of the nicest historic neighborhoods in Detroit (Indian Village) so a vacant lot is surprisingly hard to come by.