In terms of low competition, unless you are buying in the most rural or economically distressed area, there is always competition.

It gets you the low rates of "sub to" without any of the ethical or legal questions associated with it. 

We are in a constricted market cycle, low volume, strained budgets, high costs.

I've never had something that low, but I'm also looking at roughly $30k in equity on this property. 

Generally I'm a fan of hold until you die but in this case you are earning low cash flow on a large amount of equity.

The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.

Or in low volume areas, a public/private partnership with existing child care centers. 

Quote from @Michael Daniel: @Jaycee Greene these are low income areas however there's a lil room for rent increase but not much. 

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The profit was used to buy a higher quality SFH in the same area.