As @David T. said, it looks like a half a rehab without landscaping, and the fact that this hasn't sold after several price reductions says that the price isn't right for what you're offering.

They devoured knowledge like a fat kid on cake.

-Get a thorough inspection -Keep to a strict budget-Do most the work yourself (I went through a four year Carpenter Apprenticeship program but you may already posses the skills if you've been helping your Dad for a while)Good luck to you.There's nothing like cashing that first big fat check after a successful flip!

That also could be a negotiating position to get the price reduction you want.  

I would say get and extention or get a price reduction - but if you have not had ANY offers then that may not do anything for you.I like to know within about a week if I have a good deal or not - if I don't get any offers in the 1st week, I know I'm probably screwed and should either - cut bait on the deal or get a price reduction.If you are still within your inspection period (I like to give myself at least 15 days) then you can back out of the deal - no repercussions.If it's after your inspection period, then you lose your deposit.

I ended up asking for a 50% reduction in price to take on the risk and the deal fell apart.  

From my perspective here are your options:Negotiate a price reduction w/ the seller using the appraisal.  

Pocketeers, Looking at an 18 unit deal, 2016 had a noi of $72k and 2017 noi of $49k, due to lower gross rents and a bunch of needed cap ex on 3 of the units. How does one derive valuation with such different noi's?Wha...

@Erik Bremer Like you mentioned in your post, you can probably negotiate a reduction in price to not have to deal with a realtor. 

that's a foundation  some over East of there in the next states over are so bad the houses look like humptydumpty houses cracked like and egg and off 1 feet from one side to the other.. we have bought hundreds of them over the years.. its OK if your getting them with pricing in mind its not OK to pay the competitive values in Dallas then have to deal with them after the fact and that's what happened to us.. did not know what we did not know.. so it was a big fat OUCH.