The same street with the difference of a hundred house numbers can look drastically different.I hope this helps, rather than be discouraging.

With small multi-family, be careful with the neighborhoods in Indy as it is very street by street in some areas.

The city wants to have "Neighborhood Anchors Points" consisting of Mixed-Use and Retail/commercialVisual of all land bank properties The area I will focus in.A break down of cost to purchase all Land Bank properties on each street. 

Or just strangers off the street you met at a REI group? 

Check out Second Street (mysecondstreet.com).

Would it be a good idea to create an LLC, let's call it "2500 Oak Street LLC" (fictitious new address) then list the new LLC as the owner of the home?

We bought a place in Truckee, CA (Tahoe area) across the street from Donner Lake, a few minutes off I-80. 

@Joshua MiddletonI am very familiar with that street, good friend used to rent Long term on it for about 7 years.  

What might work well on one street could be a completely different story just a block or two away.

Urban areas can definitely be tough to gauge from a google maps search because environments are street by street, block by block.