You might want to investigate a neighborhood with a working class foundation - those tend to be extremely stable and easy to predict. 

Read that document to get the full details and it will likely point you in the right direction.The worst case scenario is the former owner's heirs show up outta nowhere, and claim that poppa had a precious family heirloom worth lots and lots of money hiding in his dresser drawer, and now that it's gone you must've taken it.But since the owner is dead, it may require going as far hiring a private investigator to find the heirs and notify them of the situation.

Too many people jump into the first type of investment that they learn about, without investigating all the options.

You do your investigations and make an offer.

The opportunity still exists to get started and be successful so there is no need to rush into making decisions before you know the exact path and plan.I own a turnkey company, but I can tell you right up front that you need to investigate your local areas first.  

I'll be visiting Cleveland soon to investigate further.  

Others that have never investigated a subdivision before, would you have guessed that amount?  

Take the time to really investigate potential tenants.

I am new to the Baltimore, MD area and am investigating setting up my team.  

Funny, I just sold rural land with a tear down, closed last month.I've been the non-profit route and for profit route to acquired property to demolish as well.I was chairman of a city  rehabilitation committee that investigated blighted areas and properties for redevelopment, some aspects we looked at:Pretty well mentioned above that when the cost of rehab exceeds the market value a scrapping is probably in order.There can be more to it as well.