That may be a house that looks neglected, a piece of vacant land, even a normal looking house that just hasn't been brought to the standard of the rest of the neighborhood.

Only piece of advice is the markets are what you make it.

It really does give a person a piece of mind. 

I have a client who inherited a piece of property in Bozeman MT.

A small piece of advice put it back on the market with pictures of what the end Is going to look like to start generating interest and possible offers so that way it can be sold once the rehab is done.

Yucatan, Mexico sure seems like a little piece of paradise.

It isn't a piece of cake to do but I think it may be a viable alternative for you to exit that property if you can do it legally.

My family members are talking my ear off about how I'm just going to fail and go into debt.

There are lots and lots of pieces of a deal that people need help with, such as driving past and taking photos of comps, meeting contractors, or appraisers, following up with Certificate of Occupancy issues, etc. 

This might sway the seller, but this means leaving on market for longer period of time, where another buyer might swoop in.Overall, If you have funds in multiple accounts, they can piece together enough to cover and a bit more.