6,000 home sale in Detroit falls apart

I've been following this story about the 6,000 homes that were bundled together and sold to an investor in Detroit.  This transaction has nothing to do with the Bay Area, but I wanted to see how this investor could flip/demolish so many homes is such a short period of time and under very tight restrictions.  If he was successful, you'd probably see a lot of investors looking to do the same thing in other blighted areas...

http://www.businessweek.com/articles/2014-11-05/the-deal-to-sell-6-000-of-detroits-blighted-properties-falls-apart

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