The harder they are to reach, the fewer will reach them.One thing NOT to do is waste time sending mail (or unsolicited offers) to or thru the attorney. 

Sometimes I think that the insurance rates are dangerously close to making it unreasonable to invest here.

The income approach is next, more weight for a landlord or non-owner occupied dwelling, the least weighted is the replacement approach but can be used to bring adjustments into focus with the market when fewer comps may be available.Replacement or the cost approach is most relevant with new construction or a major rehab, but with a SFD, you always need to look at the market as that is the key to your financing, a buyer's financing, the time on the market, your exit strategies and profits derived from that local market.On that property, it didn't pencil out to the market at the profit required for the brain damage involved, so it may end up being a more creative deal......we will see

I'm confident that I can get it for less.After looking up county records though, I see the property is considered a public nuisance and dangerous property.

So, if the contract doesn't say you can't assign it, you can.Though again, I'm just a guy who knows just enough about the law to be dangerous, so don't take any of that to be authoritative...

I agree that one industry towns can be much more dangerous.  

Fewer 4plexes means comps will be harder to find which can make financing much harder, in some market periods there may not be any decent comps and that may mean limited financing opportunities.The more marketable a property is, the better.

hm.. there shouldn't be anything illegal about mailing people, as long as there isn't anything threatening/dangerous in the content of the letters, and as long as the mail isn't sent out in a perpetual and harrassing manner.

There is many threads here which discuss Sub2 and what it means alone with the dangers of such a transaction.  

As far as I understand if you rent your condo out for fewer than 14 days at a time then the rental income is tax-free (other than income tax)Does this sounds accurate?