To price is correctly you need to know your competition and micro and macro market trends. 

I can't tell you how many properties have units easily convertible from 1 bedroom to 2 bedroom units, units with favorable dimensional standards which can boost rents with no photos to showcase these attributes, assessment square footage that is not correct,  upgrades not identified in the marketing materials etc.

The house appears to have been a small cottage, and then a modular building addition attached in what I believe was 1991. 

People were talking about how real estate agents can't find off market deals@Bill Gulley said it.

the reality is BANKS left the fix and flip market after the GFC.. very few will do them unless your a premier client of theirs with a  long track record and they are doing them as a service to you. 

I have found very little deals thru an actual wholesalerRe read what @Thomas S. wrote If you don't take the time to educate yourself, create your own business plan,and know the metrics of buying selling rehabbing wholesaling,marketing ,etc you will just be throwing money away like the hundreds of newbies flocking into the business 

Also the market and income level (5 miles around the property) is also critical.

Additionally, connecting with other neighbors who are also bothered by the situation could help create a stronger collective voice to push for improvements.

And it works in any real estate market depending on your needs.  

These are professionals with additional training and a stricter code of ethics.