Good input sdduuuude,
I like this property.This is the ideal rehab property. It is bad enough that only someone with a little money, skills and time can handle it and it is a perfect rent and hold property. It is still priced too high. Maybe the premium for the big yard will hurt the accounting on this one as a rental. Maybe not.
Hopefully we get to where these(with any size lot) are closer to 200k and sitting around with some market time.
Like SDR said there will be more of these and eventually they will be sitting out there rotting with hardly any competition…or at least I hope so.
