an noticed a really crappy house standing out like a sore thumb.

There appears to also be a slight (or starting) mental disorder in play, I suspect.

We I walk other comps in the area, the refinished tile sticks out like a sore thumb and often is already peeling around the edges.  

This may jump all over the place but it'll make sense to you afterward.Start Here: http://www.biggerpockets.com/real-estate-investingRead This: http://www.biggerpockets.com/renewsblog/2010/06/10...Read This: http://www.biggerpockets.com/renewsblog/2010/06/30...This should help you get started.Bandit signs work for getting leads on motivated sellers.You can also find motivated sellers thru public records search (NOD's, Pre-foreclosure, Code Violations (community eye-sores), etc.You can also place an ad on craigslist that you're an investor and "you buy houses!"

Interestingly enough there is still one more 'problem house' a few houses up from mine which is really the last major eye-sore in the neighborhood.

We ended up selling it to an investor in Australia, who didn't have a clue how to manage properties in Detroit and therefore, our once nice homes are now destroyed, burned down, abandoned, and an eye sore.  

@Nathan Brooks your comment is a sight for sore eyesARV is $70kAlmost a full rehab.  

Huntington's is a degenerative, neurological disorder that affects mental acumen, body movements, speech, and balance.

Marcia will have a good idea how to deal with a disorderly tenant.

We just ripped out the entire kitchen flooring/hallway on a new purchase for the same reason.We found the plywood underneath still damp even though the laminate had dried out & they had used the recommended underlay.It was a full days work, two very sore knees & $425 to replace it with a better product.