An elderly person was living there so although the kids kept the essentials very nice the rest is a time capsule.

They are just not worth the work and cost for the slim profit.  

I do not hand out any mailers for distressed property because theres a slim chance you will get a response, I would get in touch with wholesalers because they sometimes have great deals and have them add you to their list for only palm beach deals. 

I agree Phillip, the margins are slim if you are looking to sell the home to someone looking to flip.

The chances that they follow though, pay to file and for out of state service are slim. 

Chances are slim that it will get called, but you have to plan for the worst.

It is time intensive and the margins are slim. 

And, they are so understaffed that the chance of an audit is pretty slim, but having home office expenses on Sch C of your 1040 return does bump you up the list in the 'red flag' department.  

Even if it were to value at $270k those are slim margins for most to risk.

Even if the operation could meet the requirements, it is likely they would also wind down their operation, as they could not afford the burden of doing so as their interest margins are too slim.