1593.76 - 2 yr back taxes.The county wants to knock it down because it is near uptown Charlotte, and an eye sore, the siding or planks have all been ripped down and the house was being lived in by squatters.

OK, so re-performing refers to loans that have had a loan modification and the borrower is now making payments under that new payment plan, correct?

But ultimately it depends on what the "sore thumb" of the exterior is.  

Walking past 1000-2000 houses a week really makes these particular houses stick out like a sore thumb.All I can really think to myself is that there is money to be made... whether it's by taking these run down properties and bringing them up to the value of their neighbors, filling the vacancies, or taking a hassle property off someone's hands...

Because even on this level, I think the concept is sorely underappreciated.Many people take appreciation for granted, but I would argue that there is a "price" that must be paid in order to "gain" an appreciation of value. 

I'm going to disagree emphatically with @Steve Morris if you are in the wrong, tenants (and most (non-disordered) people) will respect you, if you apologize and fix the problem. 

Having an eye sore for a listing, with an anxious distressed seller is not necessarily an optimal scenario for an agent.

Not only is mine cost effective, it also still matches the surrounding buildings and doesn't stick out like a sore thumb.

I've been driving for dollars, writing down the addresses of distressed properties - the ones that stick out like a sore thumb within a neighborhood of nice/really nice houses.I get home and look them each up on zillow and then on the county's audit wesbite.

After making a few grand I'd probably be miserable, sore and pissed off and would take the money and buy some stock options or something.