For that low of a price point, you need to start by getting a great deal, then put in the least amount of work to make it desirable.

Almost too hot where your margins are smaller, but you'll be able to sell quick because it's so desirable. (586) area code is good too for starter homes in areas like Sterling Heights, Warren, Roseville and Eastpointe.

In regards to education, I just had a burning desire to learn the ins and outs of real estate in general.

I don't know what neighborhood this is in, but multis in Indianapolis can be really tricky, and that rental rate it would suggest to be this could in a less desirable neighborhood where it is hard to get reliable tenants.

Hi @Joseph Y.Welcome to BiggerPockets.I understand your desire to invest in the market you're moving to for the sake of "convenience".  

*Property Details:-3bd/2ba Single Family Home (1,821 sq ft. on 11,349 sq ft lot)-ARV: $185,000+-Rehab Cost: $50,000-Small farm town in Central California (Lindsay, CA)-Moderately distressed and ready for a rehab-Located in a quiet and desirable neighborhood*The Numbers:-Under contract for: $80,000 (seller's profit)-Assignment Fee: $10,000 (my profit)-2nd Assignment Fee: $5,000 (2nd wholesaler's profit)-Purchased from end buyer for: $95,000*My Wholesale Costs/Fees:-Cancellation Fee: $500-Termite Inspection: $90-Junk Removal: $200*My final Wholesale Profit: $9,210I also got my EMD of $5,000 back from the seller since he received full payment from the end buyer!

Not that it has to be beaches...obviously, but it should be something that perhaps not readily available, but highly desirable.

The area has 100 year old homes including many with leaded glass. the wood trim is pretty nice, and though it looks a little outdated/vintage it is generally considered more desirable than plain new trim from home depot, especially in this part of town where people are looking for older buildings with character.  

Let alone to have won the birth lottery by being born in such a fantastic country where we have the opportunity to make our future better if we so desire.

It's simply homes that are within 5 minutes of a Starbucks or Whole food (Sprouts in this case) have a drastically higher desirability rating.