If I were younger, I’d think about it.
They auctioned off rowhouses in Baltimore in the ‘70s that are worth a fortune now.
Buy a few adjacent properties and knock down all the houses you own. Then build a nice house and a moat around the whole thing.
If you check out the site, some of these are pretty decent places. I’m not into urban living but the houses themselves aren’t so bad.
A FReeper who moved to Detroit says it hasn’t been bad at all.
http://www.freerepublic.com/focus/bloggers/3151196/posts?page=20#20