@Shital Thakkar  this was very common pre GFC... went away post GFC for obvious reasons.. builders would sell to anyone.neighborhood full of renters is not desirable to owner occs... so they don't want to shoot themselves in the foot.. owner occ will generally pay more money than an investor. and the neighborhood will be far better in the long run vis a vi appreciation or simply holding value.I have brokered deals in Oregon circa 2005 ish were I sold whole subdivisions to CA investors.. but those were different price points and those folks were appreciation based investors not needing positive cash flow.. 

If desired to repair I can handle all contractoring needs.   

Hello all, my name is Becky Heiner and I am in the beginning steps of my life long desire to make old homes beautiful again.  

And well desired effect achieved.

Did you have a desired percentage of sales price that you aimed for or was it a pre-determined minimum profit?

You should have no problem selling that property ASAP, probably to some all-cash investor from the Bay Area.BUT - the question you have to ask yourself is "What is the end goal or desired outcome about this investment?"

That being said, don't forget that if you get a reference, make sure you get the quality desired.

I have a rental in a desirable neighborhood.

I pass a house all the time that is a vacant house (starting to fall apart, unkept, notice on window from county, mail piling up, ect.) that would make for an excellent flip in a desirable area.

In a rent-to-own/lease-option scenario, you're working with buyers that typically have bad credit but a desire to own.