This article is a guest post in two parts, the first dealing with a simple system of spotting potential problems with a site you’re considering buying, and the second part deals with what you can do if you’ve bought an asset and you’re starting to see traffic drop.

We’ve also included a live example of an auction that recently ended on $17K, so you can see it all at work. Everything in this post is easy to do, and requires nothing that isn’t available for free on the web, but could ultimately save you making an expensive mistake.