Anyway, logistically I filed a "Quit Claim Deed" to make the change.  

But that was also 15 years ago, so completely unhelpful.What about going closer to THE Ohio State University?  

Looks like it could be a great price, but please complete a thorough due diligence on the property.  

Your family home wouldn't be at risk.You have a good point - I really have nothing against putting 25% down on the first rental property vs. 50% as long as it cash flows, because either way if I get into a bind I can just pay it off completely.  

Once you complete the project you can refinance (without seasoning) for the purchase price + actual repairs done.    

Target industries include IT/data, logistics/warehousing and advanced manufacturing.South Bend being a college town with several Universities/Colleges (Notre Dame obviously being the largest one) creates student housing opportunities for approximately 20,000 plus students among all the institutions.All this spells opportunity and many out of town, out of state and even international investors have and continue to try and claim their stake.As indicated by @Immanuel Price and @Aaron Linden the University of Notre Dame in partnership with the City of South Bend has contributed a lot to the revitalization of the City that is bringing new jobs and the need for new housing.

I sued her for the remainder of the lease till re-rented & utility bills while empty which was up to the limit of our small claims court of $3300 & won a judgment.  

The M-1 rail will provide a great boost to some areas and if you're willing to do a complete rehab, it might pay off.  

I left a note but was hoping to find out where they are now since the house looks completely abandoned (boarded up windows) and there is no mailbox.

However as long as you're clear on the specifics on how to complete a 1031, I think this will just come down to patience and luck on getting your offer in first.