We live in the neighborhood as well.We're toying with the idea of 4+ units in our next purchase.

goes from "no" to "yes."

He purchased 50 acres and moved his himself to Crossville, TN to clear roads and build a campground with huge Caterpillar and Kubota toys (gotta admit, the Kubota surprised me). 

There are quite a few other lots w/ cars and other "toys" in yards.

My wife and I have toyed with the idea of buying some new construction there and renting it out to break even on the mortgage, but that is purely a speculation play that it will keep appreciating significantly.

I am new to this game called real estate and am looking to find something that creates cash flow for the long haul.

If you have 100K income in Jonesb you're doing pretty well, you should be able to slow down on the social and toy buying for a couple years, live on 75K and pay your debts off.

If considering this, make sure that the price of the lot equals the lot value if vacant less the cost of demolition and hauling and even filling in the foundation if required.

They get 22 mpg so too me it works if I want to haul the family.

Its a formula that I am using myself, and over the long haul I am sure it will be beneficial.