Unless that is market I would wonder why it is so undesirable to the market.

Spend some time in tiling and look at the price per square foot for the tile, the backerboard and the cost of the mud and the other tools.  

In your case "bumpy" can usually be fixed by a good taper/mud guy.

.• Configuration: Two bedroom, three car garage, mud room, etc.• Location: Usually a very specific area.

In my town, even going over the railroad tracks put you into an undesirable neighborhood and the prices drop.

So that's the weirdest, here's the scariest (same house, no less):So if you don't recognize it: that's a ratcheting come-a-long (like you would use to pull a truck out of the mud) in the second floor, secured to a beam.

Do you know if knob and tube wiring would be a stick in the mud for financing?

2 story Duplex in a good school district in South Jersey (2 units both 2 beds 1 bath)REO: Asking ~35,0001,600 sq ft (800 sq ft in each unit) ARV: 110,000Rent: 1,800-2000/ month (each 900-1000)Separate gas and electrical Build in 1960's Taxes: under 5,000/yearFire damage on 2nd floor in bedroom (roof is still intact) Needs new roof and some of the framingNew drywall, mud, paintComplete gut of both kitchens and both bathroomsReplace all windows/doors/and sidingReplace both furnaces and hot water heatersSome electrical in the bedroom that was damaged We would like to buy and hold. 

A move in special in my opinion might be a good option if you are trying to quickly lease up an entire apartment or multi-family building, but I think it is unnecessary for leasing SFR's unless they are in a poor school district or an undesirable area. 

It's okay, I had a few mud pies when I was green.