I don't think I have the knowledge or expertise to find a hidden gem in the market.

Hidden value gems don't look as pretty and put together as those ones so if going the auction route, regardless of commercial or residential property, be prepared for some work to get good return on it.  

Two year old gem of a thread, and FWIW there's only like 15 threads I've ever bookmarked, this is one of them:How we screened 300+ tenants with ZERO phone calls!

@Steve MorrisI just came across this little gem and was dying to share it.....Legal Disclaimer-I am NOT recommending anybody do this😜 https://www.worthytales.net/these-tenants-left-huge-mess-when-moving-out-so-ex-landlord-dumps-it-in-front-of-new-home/

As well as whether or not the deal holds out However, a lot of short sales can really help you make a hefty profit.Depending on your plans for the home, you can get a real gem for way below the value, throw a little work, if none at all into it, then sell it.

You can find gems anywhere.

My favorite gem is Gilbert which is seeing lots of growth, especially with the growth of the entertainment district area.

Deal was sort of complex we found this gem under a rock.

I have several vintage buildings here locally in Berwyn and Cicero, and in both cases I have opted to refinish hard woods in most cases as opposed to installing new floors over the top. 

Everything that @Mike McCarthy, @Carmichael Lewis, @Aigo Pyles is absolutely right in that the bathroom does look fine and is at least not the vintage 60s and 70s pink tile that you can sometimes find in San Francisco.