Houses seating on MLS

[Gildas Dossa]

Hello,

I am just going through the purchase of my first investment property right now. But my issue coming here is the following. I see quite a number of houses around $50k-$80k seating in the MLS for weeks and months. The neighborhoods seem to be decent (B- areas). I go see the houses and most need just TLC (about $20k at the most) and would have around $500k cash flow or $40k-$50k profits on flips. I just can't put my hands on why investors are not getting these houses. So, in your opinion, what could be the reasons why investors are not purchasing those houses? FYI, I am in the Augusta, GA market. I want to jump on them, but just worried about what I don't know. Thanks.