The value proposition that you're buying is the blank-slate property (read: needs rehab) but by the time it's done you have a new roof, new kitchen, new ____ (insert 50 other things) and you can then turn it over to a property management partner that can get a tenant in there. 

However, as Mitch implied, it seems as if they certainly will not accept the proposition casually.

In you opinions, is investing in rentals in this area generally a losing proposition?

There's loads of money to be made and saved in building green, the extra value-added proposition here is that it's good for our planet and our communities.  

@Rich Baer gave you the simplest path.Often tax lien bidders bid so high once they get judgment on the property they don't take title because it would cost them more money and be a losing proposition.

I recently found myself a mentor and this how I did: "I am a novice REI, I have taken the basics of REI courses, have done extensive studying of my own and I would like to offer you a business proposition....."

Seems like a fair proposition to me.

I know this doesn't come free as I have a few propositions.

@Molly Francis you’ve got an uphill battle ahead of you because anyone who has been on here for a length of time has been propositioned numerous times by NW/ NWA.

Using all of the data above, we price our offerings at the point in the market where we think our value proposition is the highest.