all I do day in and out is survey empty foreclosed homes that have been bought for less than $0.25 on the the dollar.
I saw this and thought it captured the market perfectly.
BTW - I was considering buying an investment home to rent straight up cash. This was one of them. when you see this, you will realize how screwed the guy up top is.
Listing $51K:
http://rmlsfl.mlxchange.com/Pub/EmailView.asp?r=542247290&s=RML&t=RML
Sales History, sold in 2005 for 225K:
http://www.paslc.org/prc.asp?prclid=342067002850009