Mistake #10: Investing in a Property That is Hard to Sell Part (2)

A typical example would be a 900-square foot bungalow with an addition built on the back or side. Sometimes it’s a well-planned addition that blends in; other times it’s a tacky add-on. Homes in neighborhoods that have become run down owing to a high percentage of rentals or foreclosed properties (although if you’re an investor, buying homes in these areas can eventually turn into good investments).