Flippa - Never buy someone else's problem
I have to say that I was very dissapointed with the quality of sites on offer in the lower price range. I was hoping to find some <$500 websites with potential, but the large majority of sites in that price range were either clear blackhat sites, scams or sites with $4 Adsense earnings and a slick sales letter (you know who you are).
I seriously gave up finding one site worth investing in, within budget, after 2 hours of searching.
I'm sure it's great for flipping Adsense duds, but I think I'll stick to that webmaster forum to buy.
Founder of JVZoo. All around good guy :)
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