I don’t know if my observation makes sense - it’s just an observation and I’m just trying to understand state filing requirements myself.

Call me paranoid but anytime I hear of a property priced well below its readily observable value I immediately think fraud. 

This would be more malice and less negligence (as with the two other cases)The general inspector must not have observed it, otherwise they would have called it out. 

So far in my market the sellers initially changed their pricing to reflect the unknowability of the COVID crisis, but now many are reading the increasing rally of the equities market and the "things-haven't-collapsed-yet" observations around then and saying "oh, maybe this should be trading at a 5.5% CAP even though it has 20 years of deferred maintenance.If they adjust their expectations to the next 18-months, it will be a key buying season. 

These are just my observations at this point in time, and I'm trying to "stress test" my idea(s).Thanks in advance!

These two observations are something that a local person would know.So my question to the group is: when purchasing a property in this city, is there something similar in Jacksonville, where they might be some type of issue that is common in jacksonville due to geography, soil, or the way that the city was designed.

Your best play at buying at auction and being smart about it is to:- Run your numbers excellently- Assume it's in rough condition, work off the exterior clues you can observe- Call the utility companies and get the past 12-24 month bills from the house (indicates systems functioning, etc)- See if you can get some "advanced info", like former zillow rental pics, old MLS photos, a neighbor that has the scoop, etc.There are some deals to be had, but it's a far cry from the "pennies on the dollar" world of pre-2015 auctions. 

I'll echo some points mentioned and share others I've observed.

Further, on-location filming (for months conducted safely in observance of strict health protocols), will rise again with the reopening of businesses and expanding vaccine availability.

After 18 months during my first visit I have observed the backyard is not maintained, few sprinklers are not working etc.