Might be worth a 997 gamble.

Area was too saturated and signs got pulled quickly.CL seems to yield a great response...from autobots trying to cross sell you anything from viagara to gambling websites...and even some stuff I don't need or want.

I would check to see how much prices have gone up in the last year and I most likely wouldn't buy since you are gambling if you pay market rates for a property.

Don't know if I would take that gamble.

http://www.pbs.org/wgbh/pages/frontline/retirement-gamble/Amazing what a difference the 2% fee average fund fee makes over a lifetime.

In my experiment I was looking for something super cheap and treating it like a gambling and/or educational experience.

However, the mistake I see a lot of investors make and one that I am trying to avoid is the mistake of confusing investing with gambling.

If the place is empty and you are willing to gamble, offer to send them the keys back with a deed in lieu of foreclosure.

If you are taking uncalculated risks then it is simply gambling or betting. 

If I'd been doing this longer, and could afford to lose a little money; I would definitely take a gamble on this one.