One is a small condo about 30k below comps and the other two are 3/2 SFH with a range of 25k+ on comps on the same street. 

Main Street Journal

I thought that it would be nice to have another house just down the street, but I was scared off with the "cash only-no financing" requirement on the deal.

Do you have an investment theory that this will be worth substantially more than the ARV soon (ie they're building Whole Foods across the street, etc?).

3) What's the condition of the surrounding streets?

That usually requires the owner to apply for a zoning change.For that process, you'll need some engineering accomplished, site plan, water retention, concentration of land usage, utility plans, street plans, etc.How many acres are there?

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.

Broken and hideous houses are being replaced by high rises; moms with strollers are on the street; empty storefronts are now being taken over by new restaurants...

The few that I can remember are to (drive for dollars - look through streets you would consider that have been neglected, tell friends/family you are looking for property, send out yellow letters, go to your courthouse and see whats up for auction, tell your realtor you're looking for off market properties, find a wholesaler, etc.).  

There is a never ending supply, and I have thought about what you are talking about but with an o didn't street, but a lot of the houses are so far behind in taxes it tough to make the numbers work...I would have never imagined it would be that expensive to fix I was thinking 5k to 10k max.