However this neighborhood is very deceptive. 

I've searched all over and havnt really seen anyone else doing this or talking to much about this approach...

Things like landscaping/snow removal and labor cost for repairs are going to be highly variable based on your market so you'd need to do your own research on the going rate by either talking to other local investors, running your own google search, or exploring basic services on thumbtack/angies list etc. 

People have WAY overstated "cash flow" on BP by ignoring the costs of capex, vacancy and turnovers.My goals in every transaction now are to (1) buy in good neighborhoods, and (2) minimize my outlay of cash. 

The neighborhoods around there are prime for your strategy.Would love to get you connected to some people that are doing this strategy in Indianapolis.

Good luck with your search.

Welcome to BP, how's the search going, have you found your first deal yet?

I'm looking to rent out this house and find new opportunities, but only have about $30k free for this next investment.Hi Malak,Curious how your investment search is going?

They look rough on the exterior and most of them are located in the class C neighborhood.

Mahalo Nui Loa, Kwok They probably don't have the search correct.