That's why the returns always look so good on low priced properties, the increased risk that comes with more drama at that end of the market makes it attractive if you have a strong stomach, thick skin and like roller coasters...Certainly crunch the numbers on your prospect properties, but also overlay things like safety, quality of local schools and overall appearance of the neighborhood, (the things that responsible people care about).  

To add though, just make sure you get the most education out of the "tuition" you just paid, and you do this by both learning to recover from the situation (in case it happens again) and more importantly asking yourself where things went wrong and what you could've done differently (to avoid having this happen again) ... possible answers to that question include:Investing in a better neighborhood that attracts higher quality tenants.Better tenant screening.

The reason a "subject to" existing financing is attractive is the no/low money down.

I want to attract professionals who wants to live near downtown, and this place is literally under 5 minutes to anywhere downtown, and also about 10-15 minutes to the university.

I've been seeing some attractive returns on flipping and would like to try it. 

In my area there are inexpensive freelance photographers on CL.

Attract this buyer before the asset.

This season lasts 5 months out of the year and attracts many top riders from New York.

If you have nothing to bring to the table, you're left with no option but to beg and grovel for help, and the only people you'll attract are bottom feeding slugs who want to use your doe-eyed admiration to make them feel better about themselves.SO... the first question you have to ask yourself is, What do you have to bring to the table?

It would only be moderately attractive to me at an extremely lowball price.