@Mat Yuriditsky, depending on what you're looking for there's lenders that will:Fix & Flip Loans-Financing up to 85% of Purchase Price & 100% Construction Cost.

Perhaps they are financially strapped and one flat-tire away from disaster.You also need the moxie to enforce all of the terms of your rental agreement.

Also you do not want to strap yourself in as you cannot sell that home.

In the basement [no window area] how about a "mini home gym" with a [used] elliptical, mirrors on walls, gym mats, kettle balls, pull up bar, etc?

(after all these years).If you buy it consider:The kitchen ceiling has some issues, but I think I see what looks like pink Panther insulation, so that a plus.The wall paper removal (get a quote on that--or be prepared to spend some time on it getting a good wall finish back.Wood Roof means probably a bigger insurance bill than other types--match the neighborhood is probably best.The leaning tower of tree-sah out front, seems like a possible delete item to me (curb appeal).It's not on a foundation, (crawl space) earthquake strapped (???)

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For someone that's "cash strapped" it's a recipe for disaster.

You might take a look at it in person, if its ugly, plop a cheap $5 dollar floor mat over it and call it good.

In my opinion, finding a flip with good value add opportunity is a better option, unless you are already strapped with cash flow!

Turnkey inventory is majorly strapped right now because of all the foreclosure moratoriums preventing access to foreclosures for the turnkey providers to fix up.