Are you betting on the value going up?

But $375k is high - unless its an adorable duplex, then all bets are off.  

I think your best bet is going to local clubs in those areas, it would probably be a good thing to go visit the area your going to invest in.joshs@Josh Caldwell is right BiggerPockets is a great place as well, I assume you where saying BiggerPockets not bogger pockets right @Josh Caldwell?

How can I offer 2 structured deals to place us in a win win situation with no money out of my pocket and pull cash at closing on both properties?

I figure with that luxury this could be a win win for me.I know I am not fully prepared at this time to make that commitment (Education wise) so if anyone can send me some feedback on the steps I will need to take considering I will be only 18 with no credit, and where I might want to change things or a better way to go about this I would really appreciate it !

Your next best bet to find something cheap is the North End which is about 3 Miles North of Downtown, but off Woodward and Oakland Aves, or maybe the east Jefferson Area.Also, if your Spanish is pretty solid, and can handle dealing with people without a verifiable job, or immigration papers, SW Detroit, in Mexican Village could be an option.In all these places I mentioned you better be ready to dig in hard on a renovation, and take control of the property.

It would be a win-win.  

I would bet very few in Detroit.  10 years is forever. 

I'd bet there are thousands.  

Most people risking $5k or $10k are making small bets on many deals.