A few fence boards are cheap.

I've seen a lot of FSBO go way too quickly because they were listed far too low (I bought my own house this way, still almost feel bad for how cheap I got it).  

When you look at it like that, $4800 was a cheap education.  

Bottom line is cheap for one person may be overpriced for another. 

If the judge is a woman, it's even more likely that she's priced cheap peel-and-stick vinyl tile.Since the average bathroom is 50-100 ft2, unless your estimate is less than $100, selling the estimate to an unsympathetic judge is still going to be hard.

It is not worth it for the seller to fix all the problems, so they sell it cheap to people who can't afford more.

It's cheap to get into, gives you three units as rentals and one to live in, pays for itself, gives you three renters to accelerate learning how to Landlord, reduces the risk of 100% vacancy, etc.1.

@Daniel Krantz - you hit that one to the cheap seats.

This is where you will live super cheap and save up a large portion of your income for a few years to save up a down pmt on your next purchase which will need to be 20% if you don't live in it. 

Just like China.. anyone can do any real estate there.But as we know there Is a Robust real estate industry here that is licensed controlled etc.. with heavy emphasis on ethics'' and of course you have unethical realtors... you see that in the monthly bulletins with all the realtors getting reprimanded or losing their license.To me if you want to wholesale BUY THE HOME close on it then resell it.. its that simple.. trying to act like your not a REal estate broker and hide behind the quasi arguments that are touted on this site.. to me is just circumventing the industry and the law.there are brokers who specialize in cheap defunct properties as there is a lot of that inventory in all the hoods of America.