Thanks in advance ladies and gents.

I hadn't really figured out how to evaluate that type of property since rental rates and occupancy vary so wildly throughout the year up here, but I've heard there are opportunities.

Hey ladies and gents.

Lets say you find a nice lady you want to be with, potentially get married too.  

I find that in southern Florida the rental market tends to be a little wild wild west.You need to move to Houston Texas. 

I can spot a "little old lady" house pretty easily by the pics online.  

But if your property has a high-end kitchen and the other one doesn't, an appraiser might add $10k back and value yours at $110k.You might try to get your hands on a few appraisals to learn how appraisers value a property and add/subtract value based on features, square footage, and fixtures/finish.While I'm sure this varies wildly, I've found that some realtors rely too heavily on automated comps or CMAs when valuing properties, and these can be off by a wide margin.

I'm a bit disappointed that I haven't received my first angry caller yet, closest thing is a lady who left a message telling me "if you had done your homework you would know there is litigation on this property right now".  

More on that here.ARV can be tricky to determine, especially without access to the MLS - and I'd be very cautious about using zestimates, property appraiser estimates, or other mass appraisal tools, because these can vary wildly.

Perhaps there was a lienholder the bank had a difficult time tracking down to provide proper notice, maybe the lady filed bankruptcy AFTER foreclosure proceedings were filed (this always throws a wrench in things).