An old, out-dated home with a ton of potential.

The only "easy money" in this business is the guru business selling general info (and often outdated) to hungry newbies without a clue to the real world happenings of RE.

I don't think this will get fixed anytime soon because of how slow and outdated municipalities can be.

Most of the CAD info is outdated, it could be set on appraisals that may occur once every three years in Texas.

For the modern family one bath homes are functionally outdated.

They don't know anything special or secrets that no one else knows about.3) is outdated.

The compartmentalized look is outdated.

But there are also a number of houses that are outdated and that come on the market at quite reasonable prices.  

Those that claim the same information is available online either have a outdated member association or don't know the wealth of information available in the member area report systems.

if you cna get your wife to stomach living in an outdated home during a rehab, i'd say this would be a reasonable way to build equity.things to consider...how long is your commute and how good are the schools?