I spoke with the gas company and they said that either one of the tenants could have bumped/hit the gas meter or a large truck could have driven down the street and activated it.

Now, there were two PERFECT comps, two houses sold on the same street, one almost across the street, one the same sq footage, one slightly SMALLER, sold within the last few months.

However; when land in popular areas is scarce, etc. the prices will still continue to go upward.

The house across the street from it is listed at 90k and is now under contract.

@Ben Leybovich I have dealt exclusively with single family so far but am entering into negotiations for 3 duplexes in a row down the street from 2 of my single family units.  

Excuses me Most probably not.Here is a lease purchase benefit sheet I give the Home owners PRAYING THEIR AGENT GETS THEM ENOUGH CASH AND FAST ENOUGH TO MOVE ON WITH THEIR LIFE.Lease Purchase Advantages For Sellers Lease Piurchase is a unique strategy to sell your home.See the Wall Street Journal and Money Magazine for Rent to Own and Lease Purchase to Sell Your Home!

I'd have to install a gate, but the logistics are tough as there is no street parking nearby and I have to be able to let guests in easily.

Make great returns in real estate that puts Wall Street to shame.

I would guess this property would sell for 30% more than pre-bust prices. 30% over 5 years seems somewhat reasonable, but the increase in value seems to have all happened in less than 2 years.This house has a bad across the street neighbor.

By the end of 2014 I plan to have it down to $70,000 My goal is to pay off the 110 Somewhere Street Property.