Based upon my understanding of how the dreaded "black mold" called Stachybotrys develops and the patterns it forms on surfaces, the majority of the mold depicted does not appear to be Stachybotrys.

This may be off topic of real estate, but I believe in self development.

The other concern I developing with South Bend proper right now is that the city has taken a pretty aggressive stance towards landlords.

I should probably have at least 1 more full time employee (receptionist/bookkeeper) but my management software makes it extremely efficient when it comes to daily activities.

I've developed a really good rapport and connection and when I list it, Im wondering if $150,000 is even a reasonable offer.

why sit on the side line and wait for a crash that may never happen .. and probably if it does wont be near the magnatude of the last one.There are multiple different types of investments in and around real estate other than being a landlord.. so maybe we confuse the developer who just did a subdivision and flipped the plat to LEnnar and made 2 million in it in 16 months with 150k into it.. .. those are pretty cool homeruns.. and done all the time.. but you need the skill set to set into the guy or gal that can source a property that a company like DR or Lennar will buy you need the strength to talk the farmer into letting you have an option on the property you have to have the Risk tolarnce to put up 150k and maybe lose it... becasue you can t flip that plat.. you have to have contacts at the big builders to get to their land ACK guys or gals.. but you put that all together and thats what a homerun looks like. guys that buy at courthouse steps  hit tons of base hits..

For my day job I work as an Actuary and my primary experiences is in Risk Management, Asset-Liability Management, and Model development - which I hope to translate most of these skills into my real estate investment plan.I am interested in growing long-term wealth through acquiring a portfolio of cash-flowing rentals. 

Looks more to me like either bad advice or not listening to good advise wrt developer. passion aboItbteal estate does not ewual develIoer skill.

Things like population growth, job growth, and nearby amenities, school availability and goodness, public transportation, and retail development are all important. 

Sometimes the economic development department or Chamber of Commerce will be helpful with traffic counts, demographics and local area spending power.