So, step 1 is to develop a formula for a first filter to make a decision about moving to offer and entering due diligence...common logic says that properties in worse areas have more deferred maintenance, rougher tenants, and are in generally worse condition than higher-end properties.

My thought was if the numbers make sense to offer something like this to them as I don't have the capital to but them right now but would be easily able to manage them as rentals for a couple years.

" I'm not telling you what to do Sir/Ma’am, but I wanted to offer up some comps that I thought would help make your job easier or something to that effect. 120K is way off so depending on the comps you used prior it could be that your value just isn't there.

Your thoughts 💭 We only have a few thousand dollars to offer

I'd love to offer you this bit of advise:  find one, just one, member of your team there in Lake Charles that you know, like, and trust and leverage their network. 

I would love to get in touch with anyone that would be willing to offer me any information or even support regarding this idea.

The house was constructed by Habit for Humanity in 1997 and there is still another eight years left on the original 30 years required to offer this property to those specified households.

The response I got from the realtor was that it's not good to offer without seeing the place first.

Each one is different and have different things to offer. 

It really depends on where it is and what it has to offer.