I love it.My plan is to advertise like a madman (biz cards, word of mouth, bandit signs, website, craigsist, newspaper, etc).

Then he not only sticks his foot in his mouth, he bites it off at the knee!!

Using word-of-mouth advertising (current residents) a buyer knocks on the door - takes a look and talks me down from my $13K asking price with financing to a $11K cash price.

Why people want to wrap up a dried out weed in paper, shove it in their mouth and light it on fire is beyond me.

You might not even be able to set up a U&O to be done that quickly - and that is one of the first things to be done once you have an agreement signed.Tell them you will close within 20 days (OK 3 weeks) - and that will make them happier with your offer.

Secondly, to create income to live comfortably instead of living hand to mouth as I currently do.

OTH, you'll need to determine why there are no others, is the market so good that similar properties sell off the market by word of mouth?

I've found them over time, based on word of mouth from local folks.

Had it up to 90" I almost just threw up in my mouth!!

Then when we started sourcing Japanese properties, all sorts of people, including very influential hedge fund managers etc (of the sort that brought the market crashing down in 2008) were saying similar things ("prices haven't risen in 15 years etc") - they're all (mom included) laughing out of the other side of their mouths now ;)Slow and steady does it - it takes those who go against the grain to make a real killing - and Detroit may be just the place to hit now, of all times.Best of luck and welcome aboard!