Some homes are .2 miles away from each other but the rental markets are very different.

I would bet this is section 8 housing.That being said, this zip code is appreciating quickly.Next to our house (which is about 1/2 mile down the street from the property you are considering )is a 2 unit brand new condo that sold for $350k per unit in Seprtember.  

However outside of the med students doctors and lawyers there is a lack of good blue collar jobs, corruption is rampant, miles and miles of poverty.  

These are within 1 - 5 miles from  downtown.

Within a mile radius, you can find homes ranging from 100K mobile homes up to 1 million.

Im about 15 miles North of Sharon...Feel free to pick my brain.  

Basically people are saying if they can find a home in this area for a price they are willing to pay they will do it.  20 years ago thats not the case.Its people like's my Wife's co-workers who commuted from Macomb Twp or South Lyon in Apartments or Condos, deciding that one hour commutes isn't worth it anymore, and looking for apts/condos next to the DMC.The catch will be convincing these same people that they will stay when they decide they want a house and a yard.I believe the towns who will be hurt by Detroit's improvements will be Sterling Heights, many places in Macomb County in general, until you cross 16 mile except Warren, Warren will improve as Detroit improves, because the auto industry will be doing well, up and down the supply chain.

We are way late to the game for the 2017 request here but if he ever runs again we own a rental that is ideal for the Ironman competition 1/4 mile from the Olympic oval in Lake Placid. 3 bed/2 bath.

However, have not pursued anything yet, because they seem to be active a few miles away from my place.

Single family, detached home on a 46x100 piece of property in a great neighborhood, relatively close to my home where I reside with my parents (less than a mile away)..