system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Whats the catch in buying these homes that apparently costs "less than $100" in Detroit?

Surely there must be something I'm missing.
gpt
These houses are in poor conditions in area of the city where nobody lives. Most people think "poor condition" and think how bad could they be?

These houses are the types that require $10,000 in plumbing wok just to have running water in the house. another $8,000 to have electric. $15,000 to replace the roof. Every window in the house needs to be replaced because they are broken or missing. No working HVAC system. Most have water and/or mold damage issues.

You have to fix all of these problems before you start to even think about carpeting or repainting or anything cosmetic.