By quality I mean, a nice neighborhood of mostly owner occupied singles, and then there's this one duplex, first class, beautiful...but who does it appeal to?

If you also look at the fact that the minimum risk to get in the door is 80k+ that does not seem like a very appealing investment.It seems like in smaller cities there may be properties for 50-200k where you could get rent of $700-1500 easily covering a 75% mortgage, fees, insurance, taxes, etc... leaving plenty of room for free cash flow for a relatively small monetary risk.

Good curb appeal and has a total of about 5900 Sq Ft.

If your going to rent make sure it appeals to people you want to handle.

I don't know exactly where your property is located, but new construction tends to happen in new developments so all the surrounding houses have the same nice appeal.  

Their past due on rent and the next court date is December 16th (first court date they lost and they appealed).

The past 12 months on a building may look appealing, but the gross revenue dollars could be in a downward spiral. 

@Drew Denham Sometimes the price might be worth the gamble but keep in mind, location....location...location, then what is appealing about the old house, and lastly will the property cash flow after the rehab?  

I overpriced the home initially which caused it to sit on the market longer and foolishly cut some landscape finishes out at the end of the project which hurt my curb appeal.

Can someone refer me to a "professional" photographer to take some pics of my latest rehab?