I work almost exclusively as a buyers agent so I look at a lot of homes. There are times I just walk away shaking my head thinking you can’t buy this house cheap enough. No house is perfect and certainly not the less expensive ones but I sometimes see houses that need a roof, AC, new flooring and the kitchen and baths are outdated as well. One or two updates are to be expected but not all of them ! You often see these homes in 55+ communities where someone buys a home and lives in it for 20 years without ever doing a thing to it. I don’t think much of foreclosures either. Foreclosures come with a Special Warranty Deed which is a limited warranty. I’ve asked people who work at title offices if they would buy a house with a special warranty deed and every single one has said no so far. The moral of this story is that houses are usually cheap for a reason and some you can’t buy cheap enough..