[Unfadable]

I talked to my father about this a while back, we are from the area and he is pretty big into real estate. From what I remember, if you buy one of these houses you have to be prepared to pay the taxes owed the day it is signed over to you. Taxes for the city of Detroit can be up to 5k a year, so you could end up paying 15k in back taxes for some shithole of a house. Being from there, it really is a shithole and I wouldn't do it. If you want to make some money investing in real estate out there, north of Detroit in places like Utica/Sterling Heights there are huge amounts of arabs moving in and they all want to live near each other. If you can grab some places out there to fix and sell or rent, you shouldn't be sitting on anything for too long.