Thanks for posting @Tom Keith I will do another report and I bet we find some key differences within the reports lol.

You bet I will post as much as I can!

@Eladio Perez, Since the seller owns it free and clear, your best bet is to ask for owner financing and you can try to structure the deal so that you wont have to make any payments to him until the repairs are completed within reasonable time of course.

It looks like the houses there are much newer 1990-2000 vs East coast market like Indy or Kansas.Yes, cash flow is lower but I bet appreciation will be higher for newer houses.What do you think?

If you're looking for properties around 50-60k in NWI in decent neighborhoods your best bet is the south side of Hammond or lake station.

I will post the stats at the bottom of this post (thank you SuperSteveHomes for the amazing calculator) but my thinking is to sell this house, as the cash flow is poor and we can use the equity to get better cash flow somewhere else.

I merely asked you why you didn't perform the duties that I would expect out of a real estate salesperson and instead tried to infer that all HOA members are crooks and there is nothing the poor MEMBERS of the HOA can do. 

I don't know your area, and I don't actually know how to appraise homes in your area, but I bet there is a local real estate agent who could give you a better answer.

I'm willing to make a bet with you now that you will regret for buying this deal within the next 5 years.  

I bet less than 10 houses in a mile radius has central. http://www.sears.com/search=heating%20and%20coolin...