Rich,Great way to blog this complicated transaction; breaking it up into digestible chunks makes it easier to absorb.

I believe some parts of the University District, The Block Club pays for private security patrols, thats mostly along the 7 Mile section I'm familiar with that.This property though in the University District meets the characteristics  of the census tracks to the south and west than its own neighborhood, or the more exclusive 7 Mile neighborhoods.Subject Census Track - $38,333 MHHI, 13.4% UE, $447 Median Rent, 31.8 Median Age, 19.9% below povertyUD Census Tract 2 (east of subject, runs along DGC) - $57,419 MHHI, 13.4% UE, $921 Median Rent, 41.9 Median Age, 8.95% below povertyUD Census Tract 3 (North of subject)  - $94,153 MHHI, 13.4% UE, $393 Median Rent, 48.6 Median Age, 3.94% below povertyUD Census Track 4  (North of Curtis) - $67,181 MHHI, 13.4% UE, $940 Median Rent, 47.1 Median Age, .81% below povertyUD Census Track 5 (North of Margareta) - $92,663 MHHI, 13.4% UE, 38.5 Median Age, .45% below the poverty line 

The last house I kept in Hemet was a 3/2, 1,346 Sq/Ft single story tract house with a 2 car garage, on a cul-de-sac.

There will be other deals that will be much easier to digest.

I will try to break the scenario down piece by piece for ease of digestion.  

2) I haven't found much about sourcing deals yet is there a specific blog post or something that BP has created that I could go to and digest?

I know this is a lot to digest, but I hope it was helpful to the new folks here on BP.

There are income limits by census tract.

I purchased a 10 acre tract in non-restricted, non-zoned area on a rather popular road connecting two rural cities just 25 minutes from main city (in the Austin metropolitan area).

Information on market research, assembling a team, managing a home from afar, etc is fairly easy to find and digest.