It gets walked on and is pretty much trampled down.  

MLS#13178475Hi Kiel,An 'experienced investor' would walk the property, take property photos, put together a detailed scope of work and create a detailed estimate of repairs.I would recommend you do the legwork on the first 3 tasks, and then you would get a much better response to your question.I'd be glad to provide some insight if you can provide a little more information.Thanks!

It is also in a private beach community and walking distance to that beach.  

Here is what I do know:Short saleAsking price is $89kListed for 223 days (sellers could be motivated and may come down on price)3/2 on a corner lot, 1,164 square feetRoof looks good, outside needs new fence, some paint, landscapingA/C needs to be replacedComps sold recently between $120k and $130kIf I make an offer at $80k, put in $20k for repairs, I could possibly sell for $130k and walk with $30k profit.

I'd rather not specify amounts here, but it makes great bar stories talking about walking around the bronx at 2 in the afternoon with 60k in my messenger bag.City Agencies: Like getting your buildings inspected?

I do have to say out here in CA they let you know as you walk out of the building if you passed or failed.

Short walk to the beach!

Both townhomes are walking distance to downtown scottsdale.

If you know what area, or even a couple of areas you are looking to invest in I would suggest making a new post to ask those 3 questions about each market to get feedback from investors in those markets.Also, when you get to it, have a property manager walk the property before you make an offer.

If #3 fails, you'll either have to walk away, or purchase a unit with negative cash flow... sounds like a bad deal to me.