It's a strong indicator of a fundamental economic problem: home values are so low - based on the neighborhood and NOT on the structure built on the land - that people are not willing to pay for the structure based on where it is.

Wholesalers fundamentally aren't that different than real estate agents, and agents average about $50k - $75K per year.  

Beside that basic fundamental fact,   also consider that the majority of tenants out there know that as long as you "rent" and don't own,  you can be uprooted at any time for no reason.  

You may be able to find the same or similar in another market with better growth fundamentals. 

Greg S. ...so you are an expert on the Cambridge/Somerville/Boston rental market and the fundamentals that support these rental prices?

So dont speculate, buy something that makes sense fundamentally and look long term.