We have all heard of cheap homes in detroit, some as low as $1. Well now the city of detroit will pay you to take these homes. http://www.businessinsider.com/abandoned-houses-detroit-2011-2?op=1
Trap. You get the home, then get crushed from paying high and increasing property taxes. http://finance.townhall.com/columnists/chrisedwards/2013/07/29/detroits-high-property-taxes-n1651149 There are also packs of pit bulls taking over Detroit.http://www.elitetrader.com/vb/showthread.php?threadid=277663