However, a roof over their head is the minimum that buyers are looking for.If you've got a less than desireable house in a similar neighborhood then you don't want to be a long distance landlord.One other thing.

Dal1,As an appraiser I have seen many houses that have been improved beyond what the neighborhood calls for and it is unfortunate..When an appraiser adjusts the comparables to the subject to arrive at a market value your improvements are adjusted to what the market iswilling to pay for those improvements.

Maybe the neighborhood isnt great or maybe building is old.

There was one in my neighborhood whhere the owner did a deed in leu and it sat from September until March then sold in 10 days.

Great senior only neighborhood, the worst house on the block.

I do recommend people find a big bookstore that has a coffee shop.

You can even go around your neighborhood and look for run down houses...Ed :D

Of the homes on the market at the moment, 2/3 are bank owned and an even higher percentage in the low to medium priced neighborhoods.

But here is one of my methods:What: Drive neighborhoods.

WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?