I saw the same 140k+ comps as you were seeing so I thought it was a screaming deal, but for some reason it never sold.  

Property screamS high crime area.

"Visit" or drive by their current place of residence.  

The area receives over 1MM visitors per year, and new amenities are continually added, however there is a lack of quality lodging.  

Visit or call the planning office with particular questions.

No plans to do serious rehab beyond paint and replacing carpet with engineered wood anywhere in the near future.Keep in mind the local market; I'm not in San Jose, where this would be a screaming deal, and I'm not in Lansing, where this would be the worst deal in the world.

I realized I could never flip after watching some of these shows (i am a buy and hold investor), I don't drive an exotic car, I don't scream at people and I'm not always pushing contractors to work overnight because I have a open house scheduled.These shows are entertainment, just like all reality shows,,they have very little to do with reality,,I think most people not in REI realize they are scripted and made to increase the drama for an audience,,,ever notice how the husband/wives teams nearly get a divorce every week from the fighting,,,

But in the Caribbean, there is also very good rental income potential, since tourists and short term visitors (3-12 months) are always looking for vacation homes to rent.

If so, this would be a screaming deal.

@Juan Ayala,I have a restriction in my lease that internet-based businesses are permitted in the residence provided no visitors or customers come onto the property.