Reasons deals are too good to be true?

[Account Closed]

I've been practicing analyzing deals found on Loopnet, and curious why certain properties are listed for months and some close to a year. Especially when the numbers APPEAR to work? The areas of interest are very populated and active, like Orlando and Jacksonville, Florida.

My question is for the multifamily investors that have gone after these deals, and soon discovered why they are too good to be true.. what are some reasons you found? I understand this can be a very broad answer especially ones like major structural damage or total rehabs, but some of these listings with numbers and photos etc. just appear to work. Thanks!