Sell vacant land to neighbors? hahahahahahah
You don’t understand the scope of Detroits collapse, there are ENTIRE BLOCKS without a single person living in any of the houses. Go look at google earth, you can find neighborhoods where at one time the entire block in a nice area had 9 or 10 lovely victorians, only 3 exist now on the entire block, the rest of the block has been raized. You go into the tougher areas, and you can find entire blocks of homes without a single one not abandoned.
I think you estimates of a raised home making you 12k in parts is grossly overestimated. Not to mention, if you don’t find a buyer for that lot after you have raised it, you are on the hook for the ongoing property taxes for it.
Fair enough.
I still think I could turn a profit on the lumber, brick and fixtures. Even if it meant doing a quit claim on the lot.