Properties on sale for long periods on time

[Vincent D'Amato]

*Title typo - Properties on market for long periods of time*

Hey BP, 

I am curious to know what people's perspective is on properties that have sat on the market for a long period time, say over 1 month. Of course 9 times out of 10 good deals will be snatched up very quickly. Is it worth looking at properties on Redfin / Zillow / Realtor that have sat for a while or is it safe to assume there is a major red flag with the place? 

Curious to hear if anyone has had success with a property that has sat on market for a while.

Vin