garden michigan real estate

Detroit, Michigan Real Estate?

I spend $ 20,000 in savings to buy several properties in Detroit, Michigan. According to the agency home dot com, home in Detroit for $ 1 and there are more than 20 houses for $ 100 or less. So I'll remove the burned houses and replaced by organic gardens and sell my products in a farmer's market. Can you find three things wrong with the idea above?

The properties are $ 1 at this price, with the participation to improve not demolish the properties. Demolition cost much. Not to mention most of the properties have pollution problems and, like the cleaning starts around $ 100K (and if you want to produce what you need to clean). If you do not succeed in the purchase and destruction of buildings and rehabilitate the land would still require the vandalism and theft from your garden. Oh, and usually takes several years to build a customer base for its efforts to all beneficiaries (and believe me, agriculture Not the way to get rich. It is filled with long hours of hard physical labor in all weather conditions for low pay). All said this is a good idea, especially if the people in local communities involved in these efforts and feed the poor.

Garden City Michigan Real Estate by Larry Rouse II

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