It is what is shown on title, you aren't going to change it.And, there may have been development financing restricting title or economic development agreements as to the status in approving the development, construction, sale and leasing of units, FHA specs and it will be restricted over the term of financing.   

It all depends on what's the macro-economic environment around that area.

Nothing personal as to your socio-economic standing, but you're barking up the wrong tree, birds of a feather flock together, sparrows don't nest with eagles, learn. work, grow, advance and in time you may well soar with the eagles.

Economic (what are properties worth)4.

The premise is that debt because of fracking will cause a global economic collapse?

I'd would 2nd the option for some type of "advanced" support for paid folks (would be nice to offer everybody but I it may not make economic sense).  

James, in my opinion the more important question to ask is if the small unit makes sense economically.

In order to more accurately assess and quantify the economic impacts of such changes, and to educate Members of Congress as to why the provisions should be retained, the National Association of REALTORS® is conducting a survey of its members to help determine the extent of like-kind exchanges in the real estate industry, the characteristics of such property, and the likely response of property owners to a change in tax treatment.To participate, please click on the secure link below, or, if you prefer, you may copy and paste the link into your browser:https://www.surveymonkey.com/s/2015S1031RYour responses will remain completely confidential.

In fact, one sold for more than 430k 2 years ago.Here is our question, is it worth buying a home like this that has neighbors with such wide economic disparity?

And I think the OP has a reasonable point in that chunks of the Southeast (save the "New South") suffer from low housing prices not to mention murky economic prospects.