The average income in the zip code is about $90k.The population in the 34746 zip code in young (median 38 years) and growing from 53k in 2022 to nearly 60k in 2024.Rent by room is not as popular in this zip code as it is in the 34741 zip code, perhaps reflecting HOA restrictions as well as building configuration.

Yes, they don't have as many restrictions in terms of Attorney's needed and silly laws but, If you can conquer wholesaling here? 

Also be mindful of existing or proposed restrictions - I don't recall anything extreme proposed in Ludlow or Dover, but Wilmington is being very aggressive in all but eliminating STRs.

HOAs can also put restrictions on rentals such as the percent of rentals vs. owner occupied.  

I do find it odd that you are restricted on a primary residence.

One they fought hard and took it to the state AG for privacy, which should have no pricy restrictions on it anyway. 

The initial inspection may impose additional upfront costs associated with any potential citations.

I'm also not interested in condos/townhouses as I owned one previously locally, and it really restricted what I could do. 

I found a PM that restricted the total number of days owners could stay.

You may also want to consider a 3% down conventional loan on a SFH / SFH+ADU OR 5% down conventional on a 2-4 unit - this way you won't be restricted by your current FHA