If it covered in overgrown vegetation and original paint and rotted trim, then it's "cute".

When we arrived the first thing you see is the property was completely overgrown with vegetation, 2 foot high grass and weeds,  large dead limbs hanging from trees, one even on top the roof.  

I can 'analyze' a real estate deal much better than a stock.However, I just hope the day never comes when I have to go around collecting rent in fresh vegetables or possum skins or whatever my tenants have to barter as rent.

This unit looks to be too far out from any metro area (1 hour is too far to be useful to you) and the post mentions that it hasn't been used for years (vegetation needs clearing too) . 

I settled on an old Italian guy who proved to be very handy & helps a lot on other properties we have, plus he maintains an amazing vegetable garden at the 6-plex.

I completely cleared all the vegetation and removed trash and garbage.

I have found that, as a general rule:> price does not equal quality - and this applies to most things in life...This applies to cigars, scotch, bourbon, steak, vegetables and many other common items.

@Michael Hacker I dont know exact numbers but that is probably generally true, depending on cropping (e.g. cotton take a LOT of water), lot size of the subdivision, and whether or not the subdivision has lots of turf (large grassy yards) or is landscaped with arid-adapted vegetation. 

Wetlands will be delineated in large areas but unless you get a wetland specialist to give you a wetlands report on the specific lot its still not that accurate.. you may have one you may not.. but again if you have standing water Bull rush's and other wetland type vegetation its easy to determine.. if your looking to split the acreage up.. the country is going to make you do all those reports anyway. 

Our tenants in SFRs are responsible for lawn care, edging, flower and vegetable beds.