Robert is looking for a great deal on income property that will begin producing income as soon as he purchases it. He's reviewing an auction catalog. Which property type most likely meets his needs?

Robert is looking for a great deal on income property that will begin producing income as soon as he purchases it. He's reviewing an auction catalog. Which property type most likely meets his needs?

• A. A duplex that's currently rented
• B. An old church that's in a residential zoning area
• C. A single-family home that's been gutted
• D. A vacant lot to develop

Answer: (A)