It is a strong house with lots of potential, and good bones.

Too much chance to be upside down, especially if there’s not much meat on the bone to start with.

If they send a "home run" deal out to a hundred investors or so then more than likely the emotional bidding will strip out all the fat off the bone with the only folks making money are the lender and contractors.  

Plenty of meat on the bone with multiple exit strategies.

Purchase price: $3,500 Cash invested: $96,000 Torn this house down to the bare bones & brought it back to life.

"pain and suffering", "future loss of enjoyment", "rehabilitation for the injuries" - 20 visits to the chiropractor who would need x-rays, MRI's to make sure there is no soft tissue damage, who the heck knows?!?

But running rentals in the ghetto is pretty near the bone, Anish.

@John Dennis You should bone up on screening and LL tenant law.

The previous ownership and management failed to capitalize on both of these opportunities, which leaves plenty of meat on the bone for us.

The first one makes no sense, as other have said - no meat on the bone, but if you decided there was, if it's listed by an agent, you can not use your own contract.