We have had numerous complaints about the word out there on the street about condos in the $40,000 to $50,000 range at one particular distressed complex. Truth is there are 42 currently active in the complex and they start at $75,000 listed price. There are only 8 pending and the lowest asking price was $55,000 and only one at that price, next is asking price is $79,900. Since Dec. 1 2009; 14 have sold and closed and the least expensive was sold at $59,900. The average price of those 14 closed sales was $76,286. I would ask for actual records (proof) on the nightly rental income numbers, if you are considering it for that purpose.