Great bones !

On the surface, there's not enough meat on the bone for you to spend a lot time on this deal if you can get all the payoffs

They are turn of the century, but the bones are good in these properties.

Leave some skin on the bone for me and we can make something happen.

You must leave a lot of meat on the bone for the retailer.

Should be plenty of meat on the bone to offer him a reasonable finder's fee, I think I will bring this option to the table for him.

If I am financing I like to get rents double my mortgage I might take a little less then double but overall that is what I look at.My last rental I bought for $39,900 and I have a 30 year on it, my mortgage including taxes and insurance is $385 and I rented it out for $695 and there are deals like that all over the place I don't even have to look hard to find a deal like this.It needed less then $2000 in work also BTW.I don't know if there is enough skin on the bones but I would do just about any cash flowing deal to get your feet wet that is the hardest part for most investors.

You create a budget and slash to the bone.  

Typically not much to there to work with ( no meat on the bone left) if you are thinking like a value investor.

Be more professional then that.Find good deals, leave meat on the bone, and you can be successful.