I live in an interesting area. There are two or three bedroom houses available for $800 - 1200/month, and a few miles away a 1 bedroom apartment above the ground floor will command $1500-1800. It all depends on the zip code.

That's a hell of a lot nicer than the place I was spending a grand a month for when I was living in San Francisco.

Those House lots are currently deemed dangerous until they have been cleaned. So after they are cleaned the infrasructure would have to be re certified and approved for habitation. All of this takes tens of thousands of dollars and time. It is sad to know that there will be those who take advantage of peoples plight to advance their financial goals without having financial compassion for thier fellows.