Time on market is usually an indicator the property has warts or an unreasonable seller looking at the asset through rose colored glasses.

Still there are lot of loop holes there too.

Get a pretty back splash, upgrade the countertop/sink/faucet .... and I'd also change the paint color to a soft grey... it shouldn't cost you more than $1K, and will look gorgeous in pictures!   

I also have a 6 inch color ad in a newspaper Running 13 times this year.

Timing depends on your business plan, financing, and long-term goals.Elaborate on those and hopefully I can provide more color to the answer.

This is basically the brokers best guess as to how the property could perform if the world was perfect and full of rainbows and unicorns, so its essentially worthless.Honestly the property may not have the nice colorful professional created booklet of a offering memorandum, but it should at least have a basic breakdown of what I desribed above.

@Jordan Redar unmowed lawns, piles of newspapers, mail hanging out of mailbox, signs of neglect and deferred maintenancelegal notices on the doors like sheriff sale, tax sale, code violationsunlicensed vehicles in driveway and yardtrash, junk, hoardingthe worst house on the streetblue tarp on roof (any color)broken windows especially in winterunshoveled snowovergrown trees and shrubs

The darker the color of the mold, the more I tend to want to remove the drywall.

They put a significant down payment which contractually was to be used by seller for completing the remodeling per their choices of flooring, paint colors, counter top and cabinet selection.

The greener the color the higher the rent increase.