The townhome is walkable to anywhere in downtown Fishers (restaurants, retail, parks, trails, etc.)

@Ben McMahon and @Russell Brazil: Do you recommend any areas in VA south and west of here within a 2 hour drive for better multifamily value opportunities without having to be essentially a retail buyer up here? 

On the other hand, we have next to nothing in the way of experience.After doing some talking and researching, our main area of interest to get started will be retail flips.  

List the property on the MLS for retail, lease option or sandwich lease option.

They have advantages, but I don't like that they are sold at close to retail prices and there is not much appreciation to be had from what I can tell so far.

If CA unemployment continues it's current pace of dropping about 10-20bp per month, it would be back at 5% by Summer 2016. 

If CA unemployment continues it's current pace of dropping about 10-20bp per month, it would be back at 5% by Summer 2016. 

.% of retail listings sold (vs withdrawn) in the last 6mmonths of supply (of comparable property types)price ratio between distressed/retail sales (got these 3 from @J Scott)% of houses sold over askingaverage sale to list priceaverage days on market% of sales in cash% of listings receiving multiple offers(Include here any other data others recommend)

Basically he was inferring that wholesaling is grunt work that wasn't worth my time and I should be buying wholesale deals to rehab to retail flip and grow from there.Although rehab flips and buy/hold rehabs is what I ultimately want, I simply just don't have the capital like many.  

So you can see how our focus has shifted from rehab to retail.