So what's it really like inside a really cheap old house? This week I found out the truth behind the instagram handle @cheapoldhouses - and it's pretty cool.

"James Bigley Ranches offers unique insight on ranches, Western history, sustainability, and land management. With a wealth ...

But what about the rest of the city? You can buy a bunch of homes outside of downtown Detroit for under $500 and some are even listed at just $1. Problem is: these prices are incredibly misleading.

One downside is that they are small—measuring about 538 to 753 square feet—but for prices as low as $9,000 and the chance to live a dolce vita on the cheap, who is complaining? The €1 homes ...