HUD sales

[Will Browm]

There seems to be some negative comments about HUD purchases for REIs on the Forums ("leave them to the newbies" for example). Why? I am reading about the different methods and definitely am interested them and marketing to find deals. HUD listings, however, do seem to be extremely low and competitive in the Atlanta market. I have a construction/industry background and am capable of spotting issues on a home without the utilities on. What are the major drawbacks? Set me straight with the problems. Thanks.