To ad onto tg’s statement of “…so if the others pass on a half off market property, there is probably a reason.”, most investors out there who are bidding at the steps would be happy w/ 20% ROI for clean flippable houses. Based on SD R’s comments, it seems like many are now shooting for as low as 10% ROI. So, those that are selling 50% off fair market price must have some kind of issues that caused other investors to stay clear from it.