My experience so far has been when it comes to duplexes there isn't much to compare too.

Just food for thought.In addition to HML, there is private investors such as IRA holders (self-directed), people with $ in CDs earning tiny returns (compared to RE), family, friends, associates, etc.

At GMAC we have a written gaurantee of customer service with a 97% satisfaction rating, compared to 67% in the industry.

Just imagine what that home is worth today compared to '81!

When you think about that and compare it to what other real estate guru's are charging it looks like a bargain.

Typerider,While I understand what you're saying; however, to compare to an inheritance is borderline insulting :) I'm taking a year of my live to sacrifice away from my nice home and cozy crap to work 12 hour days/7days a week, sleep on a little cot in a warzone because I can see the bigger picture.

When caring, contribution and service are added inherent reasons to be in business, and elements of business, then this world will be a better place!

If comps, meaning recent (<90 days) comparable (ideally same floor plan, at least similar sq.ft., same beds and baths, similar location) sales are $149-167 I'd think a listing price under $149 would be in your best interest.

The Realtor told me that's why I don't get many "deals", because I refuse to overpay I guess.Anyway when I got back from the meeting I went into the MLS and found at least 10 that were probably pretty comparable, without going and looking in them.

This is relatively low compared to other islands with a similar level of development where properties can sell for $500 - $750 per square foot.The good news for investors and absentee owners is that the rental income here is relatively high compared to the purchase costs of the property, especially for properties with great views and/or easy access to the beach, which can generate anywhere between US $2500 and US$6000 per month ( depending on the size of the property).