I was able to find out it is street legal to pull as an RV without a special license.

@Hal Thompson you need to come hangout in Seattle sometime :) a complete tear-down went for 235k down the street from this house. 

I have a hot deal in a orange shade area across the street from a large red area and wanted to know if they just are not worth it?  

If you dont mind sharing, what is the rent and what are the main streets in the area??

Purchase price: $450,000 Cash invested: $108,000 Sale price: $710,000 Contributors: Dominic Turco, Jennifer Haffner Welcome to this beautifully updated home across the street from Chambers Bay Golf & Country Club.

All the other homes on the street are stick built and more much more expensive.

General answer talking to a stranger on a street, i say use the FHA to buy a multifamily property, lower barrier to entry and you get that land lording experience under your belt and documented.

The listing price is only 30k, and there was a unit sold a few months ago across the street that seems like a very similar comp for 170k.

Indianapolis is a great cash flow market, but like you said, it varies neighborhood to neighborhood, block to block and even street to street.

Sure the park says they will help but, this guy is three hrs away and they use his home as a switch home and say hey we offer financing on the one just down the street.