This is shaping up to be a great project for you.

Mostly landlocked "islands" with no road access or weird and odd shaped lots at the tax sales.

If you go Option 2 and you have to ditch the property you could be in even worse shape financially.I don't think option 3 is even worth considering...

The roof looks to be in decent shape from the curb, won't have more details on the property until I can get inside.The seller is asking for curb offers only - is this typical?

I really believe that you will see justice in one shape form or fashion.

Some of the properties that are available for $10K are not in the most prominent areas but are still in great shape (rent ready) and make great rentals.

Can you give some insight into some of the recommended neighborhoods or zip codes for cash flowing properties in up trending areas?

I was taking a drive one day and noticed an abandoned home that is in pretty rough shape but I am a do it your self type guy so it sparked my interest.

The only downside to it is that since it is new, the pricing strategy is based on current trends in your local VR market, and it is not crossed with historical data, because it will take them some time to build the historical data into their pricing algorithm.

Markets that are touching eachother can be 180 degrees different.Also, REI comes in many sizes, shapes and colors.