Its a question I'm pondering now myself.  

Stop for a moment and ponder what exactly that beach might look like...

That's the question I've been pondering lately.

I have much to ponder on.

The right answer is more than likely what Jon said above...however ponder the following.How likely is it for this person to actually pay to take you to court?

Rather than ponder on this fact I have embraced the opportunity to make this a great learning experience . 

Pondering if something like that would be useful to others besides myself...Best,P

What i'm currently pondering thought is how i'd be able to acquire a loan as a non-us resident to even be able to get the property.I have 30-50% of the purchasing cost, but i'd need to be able to leverage the equity in the property that i'm acquiring to make it worth it to invest overseas, and even make the deal possible. 

I was just pondering raising my offer a bit more ($2500) than asking price in hopes to avoid a bidding war....I waived inspection and said we could close as soon as title search is finished....

Also, if $100K is the "good neighborhood", then likely the $45K neighborhood is not all-out tenement ghetto, and has a strong risk-return dymanic, despite the relatively lessened aesthetic.Your question is one that I had pondered and experimented with, by trial and error, for the first few years of my investing career.