@Don Harris are you interested in other NC markets? 

He has 2 surviving kin, one of which is institutionalized, and I'm fairly certain his (middle aged) daughter will want to sell.What makes this a possibly great opportunity is the fact that he was the first owner of the home, built in the late 50s early 60s, and owns the property free and clear!

Originally posted by @Don Harris:@Marlon Thomas Jr please define what an investment property  would "look like" that you would like to purchase.  

Challenges could include:Having the population to make it a sustainable day-to-day venture.Finding quality staff is tough these days, don't care what you pay them.Breakdowns/serviceInclement weatherPennies on the dollar at exit If the truck does say, 1000 bucks and after labor/cost of goods the operator's left with 500 - 600, then has commissary expenses and a possible split with a partner(s)Ehhhhh...burnout.There were dozens of trucks here 5 years ago and only a handful have really survived the grind. 

@Nicholas Harris I've used them once in a different town.

@Jason Harris You can wholesale the deal, but it needs to be to a cash buyer only(land lord or rehabber).

Most of the sod should survive, what doesn't can be replaced in the spring.

@Anthony Harris - What I would recommend is if you are really interested in the property get a 3rd party appraisal that you and the seller split the costs for.

Harry Dent has talked about this for years and his take is that the last real estate values to fail are going to be the high end properties in the biggest cities.

Commissions due to agents are how we make a living it is how we survive and support our family if you can't comprehend that then you should pick another hobby, career, or see it for what it is and stop beating agents up over it.