How about, "But the worst house on the best street". So again, there is a whole lot of truth buried in this repeated catch phrase. When you buy the best house on the best street, there's not a whole lot you can do to quickly leverage your investment. It's already the best house on the best street. If, however you're lucky enough to score the worst house on the best street, then your sweat equity and improvements should pay off. There is already a high constant value in the home's, "location, location, location." All you have to do is improve the property itself.

But to play devils advocate, this may not ring true if you are categorically against putting any improvement time and money into the house in question. The worst house on the street is not going to do much for you if you just sit there and do nothing. This truism, is only as true as the work you put into making lemons into lemonade- and transforming that worst house on the street into, at the very least, " no-longer the worst house on the street".

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