@Lyle Cooper To be honest, if you don't feel like doing any leg work, you can always hire a broker.

If lucky one can purchase a fix upper and put it back on the market.

Your property should be able to stand on it's own two legs.

The second floor kitchen has some upper cabinets that are loose or pulling away from the wall and need to be refastened. 12.

I'm in the middle of creating a business model, defining my business, and doing all the leg work to secure financing for it and what not. 

Fixer uppers or finished.  

We can get another loan for our next property and be able to potentially only put down 3-5%....but, was hoping to purchase a fixer upper that we could build some sweat equity into so that our goals for investing could still remain attainable.

The other is much lower but is a fixer upper that would probably require work that would bring the total cost to be $140,000 with the addition of the money to do repairs. 

Also, definitely stay away from websites zillow and Icomps for comps- those sites can be up to 70% off on their numbers.Now I don't know the specifics of your deal like beds/baths, lot size, etc, but looking at comps within a .1 of the area, I would guess you'd be in the upper 300k range.

Here are a few images from an upper east side NYC apartment I shot two weeks ago.