Starting off I did not treat real estate as a business and tried the 'good guy' approach and got burned multiple times over the years.

The fat sweaty guy with the gas can is locking the exit doors.

The winter is a good time to buy as things slow down and people are inside getting fat!

For the turn and burn investor trying to throw up an ADU and sell to make a fast few it's not quite time.

Don't burn a long term neighbor relationship over what is likely a temporary tenant.On the other hand, if your neighbor is a screwball, it makes things a lot tougher but active diplomacy should still be the first line of defense here.

It had a burned area but the ARV was in the mid 100's and the asking price was 35KI been hoping to connect with a like minded person here.

If you have money to burn and can pay $500-1000 a month for this property and you goals are only appreciation then it may be a good idea.

If you think "oh, it's easy, just place an ad" you definitely aren't doing it right, and will get burned.    

However, last year I got burned (lost $8k) by an appraiser who used average value. 

My rental condo building burned down and my tenant doesn't have renter's insurance, my loss will likely be covered by my insurance and the building's policy, is there anything I can do to help the tenant as they have lost everything?