You would have the flexibility to block out the weeks or months that you're planning on being there and renting it out the rest of the time. 

I own a total of 30 units just outside St.louis across the river in Illinois in a town of about 20,000 people. 16 of those units are about a block away from the other 14 units that I own.

Although it's a great market, you have to buy in the right areas and Indy can vary block to block.

In some cities you may be breaking down to a city block or two for true comps, other areas in the suburbs it may be a specific neighborhood (one side of the highway versus the other), the more rural you go and more unique the property the harder it will be to find a true comparative sale. 

Concrete block house, right outside the Historic District of Wilmington, NC, and in our price range.

The only thing I would watch for is that some of the ocean block houses in Rehobeth are leasehold, not fee simple. 

Here's the story, this property is a row home and J's father who lives in on the same block saw my previous tenants move out and had been coming over every other day to ask about renting the property to his son.

I find it very important to plan my days by time blocking, helps me stay on track.

No you still have variations across neighborhoods that are tough to account for, in my version I ended up blocking out certain neighborhoods by lat and long because they were 55+ or just had poor returns and you get so many conditional if else statements it made the code really messy, not to mention that would be illegal in a commercial setting (redlining).

What happens is some relatives squat there, living rent free for years, till someone, a real estate investor, kicks him out.There is a vacant property a block from me, lawns not mowed, dilapidated for several years.