The fact that you can live in near NYC for that little is an impressive feat IMO.Another thing to consider is your transportation costs.

The 1 - 10 comes from some factual research (ie crime stats, school quality, transportation, etc) but it is also largely, heavily influenced by how I feel when I walk or drive through the area at daytime and in the evening.When I am really conflicted about a particular rating I sometimes add a + or - modifier to the letter, or use a decimal for the number.

Lots of access to public transportation and there are some very nice areas within 1-2 miles.Obviously, I would have to take the good with the bad.  

I enjoy making a game out of saving, find new and better ways to be frugal.I also am not in debt, I am however going to get a lease on a car, because unfortanutly I need transportation to make money, and I don't have nearly enough money to buy a car outright.

That's everything, housing, food, clothing, transportation.

This includes the cost of raw land, each lot having city water meters, septic tank, electric, the transport and cost of the mobile home.The current market for selling is approx $50/sqft and rents are $900-950/mo.For a 28x76 $44k investment I'm estimating a sales price of 105-110k sales price which is a 60-65k profit per lot.On renting I would get the 28x76 for $36k.

However, I do believe this will change because of its proximity to venues mentioned above that attract many visitors to the area and ease of public transportation to the city center. 

Good location next to a large city park and public transportation (train), with street to street lot.Zoning: Currently zoned and used as 5 units.The Units: 1st floor front studio; 1st floor rear studio; 2nd floor 1-bed; 2nd floor efficiency; 3rd floor 1-bed.

Besides school public transportation and safety obviously?

My name is Sam I am a young, married, soon to be father, and currently a project manager for a large general contractor in the transportation industry.