Thanks guys, all of your ideals have been wonderful and helpful.Oh, and Brian, I've been interested in real estate since I was in my early teens, I thoroughly love new houses, and moving and the like, so it's not really a problem, just focus issues.

I would pass on it # are not sexy enough. 

Now my teen daughter lives with me.

Leaving in the 20's or teens and landing in the 70's or 80's once or twice is all the motivation a relatively sane person needs to pick up and move.We're extremely happy with the decision to move, but we had no children or any family in Louisville to consider either.

@Shawn Walters If you sell and have a blast making a lot of money on those sexy flips, what will you do with the money that will give you residual income? 

All of which are listed in the mid-$20s and a few foreclosures, in the high teens.

Furthermore, now that the cost of homeowner's insurance isn't a factor in reserve requirements, you can get that super sexy insurance policy you might have wanted that covers more of the stupid things tenants might do ("I have an emotional support baboon..."), without it meaning you are forced to keep more money in a savings account (rather than working for you) just to make mortgage people happy. 

or in this case more like “Scary Movie 1&2″)Now I’m thinking these are some of the teens from the park playing a joke on us.

@Darren Koomson We have "kids" in our local real estate investing group in their teens, that have actually purchased their first property already.

Create a zoning overlay for the area and pass development incentives for it such as: permit fee reduction, waive platting and zoning application fees.Do an area development plan that makes the area sexy again, brand the area with way finding, use CDBG funds for street repairs (if low-mod), waive tap fees, plant street trees.