Here in NYC, the open houses that get the most visitors are the ones that are priced around 10-15% under market, and haven't done any public showings until the actual open house (to generate more demand for a few days leading up to OH). 

So, ask yourself what you can offer potential visitors WHAT they want, and what they will come back for.

What happens if this apartment sits on the market for six months to a year with screaming tenants and clogged toilets.

Save it for that screaming deal so you can make your offer the most competitive.

b) I managed, by a lot of hard work and a little bit of luck, to get a screaming deal in my home zip code.  

(Remember this is an apples to apples comparison, not a grandma cannot pay her mortgage payment screaming deal).

I think it's $10 for visitors to get in, but they supply free soda and pizza, so if nothing else, you get some food out of the deal. lol

Given its a small town, maybe the town as a whole could look at growth opportunities to attract visitors.  

If you do have a screaming deal, have the 30-40% that a HML will require,  go that route instead of giving up equity. 

whoops..good catch steve..still i don't like that you have to put up 90,000 to make it a profitable deal....the deals are good when they work with 100% financing (not saying you have to get 100% financing, the amount of the downpayment sholdn't affect if the deal is profitable or not....for instance, you could put down 300,000 as dp on this property..is it a screaming good deal then??)