I saw the question asked about investing in detroit.  The problem with detroit is that they are bleeding people. You can buy things for cheap the question is will you even be able to rent it.  Even if things reyrn for the auto industry so much of it has moved outside of detroit that it has crippled the city.  I live in Cleveland and we got hit very hard we are lucky here because we have two very large hospitals that keep on growing,  without them we would be just like detroit.   If anyone is intrested in investing in single family and multifamily houses in the Cleveland area contact me at [email protected] I own several homes and am currently looking for capital to expand.