Sketchy listing on the MLS

[Kyle Soderman]

I was just surfing the MLS as I sometimes do and came across a listing with this description

"Nice income potential. Duplex located in Willmar. House just needs some TLC. Main floor unit is vacant and can be shown. Upstairs unit is occupied and can not be shown. Property is being sold occupied, in as-is condition with no access and no inspections. All offers must include a preapproval letter. To report any concerns with a listing broker/agent or to report any property condition or other concern needing escalation, including concerns related to a previously submitted offer or information on how to place an offer, please call: ..."

I find this pretty sketchy considering it is being sold as is and you are only able to view one unit with no inspections... Am I right or am I missing something here? I'm not interested in buying this property but just thought it was strange. Let me know what you think!

[Wayne Brooks]

Don't think it's necessarily sketchy, sounds like an REO where the bank is not evicting the tenant. Could be an opportunity, if most others view it the same way.