[Crowbob]

If there was a decent probability of flipping Detroit real estate none of it would be so cheap right now.

Detroit is surrounded by normal middle class affluence right up to filthy rich old money. I’m pretty sure lots of people have thought about snapping up the RE but guess what, nobody’s doing it.

Well hardly nobody. There are places with a pretty good prognosis but you really, really have to know what you’re buying and where. That kind of knowledge comes only from having lived there for a couple generations.

Some speculators will get rich because they’re lucky or already rich. I’ve heard so many different ideas about taking advantage of Detroit RE but I don’t see much happening, considering how big the area is.