I am looking at $200-220K properties (20% down, 80% mortgage) and just about break even or have upto $50 cash flow.

He put them on the mls with the crummiest of pictures and not even with the new landscaped backyard.

Similar to the 15$ Big Mac, even inflation adjusted from 5$ should be around $8.50 so the gouging is greedy and it is real on all accounts.

Factor in the assistance I can offer to family, friends and referrals and it becomes a benefit.

I want to hire a virtual assistant to cold call a list of cash buyers I have to sign them up and to weed out the "dud" phone numbers so I can use another freelancer to track down the good phone number and then repeat until I get through the entire list.

Many sophisticated Sellers will want to try and understand which Buyer possesses the highest probability to close and materials like this can certainly assist.  

In my opinion, i dont think the price can get lower than now which means that from here they will slightly start going up, I reckon it might be very slow, but unless you are in a hurry to sell, i think it can be a very good investment with the years; by now, apart from enjoying the great enviroment and food here, you can also rent it, in high season you can get really good money by renting to foreigners (especially English and Nordics) that follow the spanish sun even in winter!

Possibly even purchase something that needs some renovations - new kitchen, baths, flooring. 

Immediate responses to inquiries (waiting even an hour can drastically reduce bookings)3.

Take a minute and think about what your overall goal is and write it out like a vision board and find out what it will take to get there.