Foreclosure in Fort Collins

I found this house in foreclosure in Fort Collins for $292,000.. It is a 3 bed, 2.5 bath, 2600 sq ft in a neighborhood of $300,00-$500,000 houses. Zillow has it listed below the opening bid at $281,000. Nice property near Robert Benson Lake. I think it wouldb e agood investment property. Buy it at this low, low price and turn around in a few months and sell it for $360,00 or so to match the neightbors. That would be a decent way to make $70,000 or $80,000. Rent Z Estimate is $1500/mo.