lol If all goes well i'll be getting netting $200 profit a month… too early to tell but all signs point to this not being an issue.Next… continue to learn as much as possible, learn more about the market in my new hometown and surrounding areas, see how my current rental goes, and find the best deal possible in the best location and buy another.

Surrounding RE average of 92k value.

We drove the surrounding area to assess the condition, competition and employment opportunities.

The rules about this in general follow the same Landlord / Tenant rules surrounding personal property,etc.

With bad or changing areas I have seen MLS pics that look great and 1 month later the place is destroyed and picked apart.This is why you need a spotter on the ground to tell you what the condition is TODAY.The value of the property and what you could get out of it depends on the ARV value and trending of the surrounding houses.Are all the houses on the street like this or 2 out of 10,5 out of 10,8 out of 10 etc.What are the rents going for and foreclosures selling for?

looking to network with other investors in indianapolis and surrounding areas

As far as the worth the surrounding areas are going for anywhere from 8-10 per acre.

I am a real estate agent located in Methuen, MA servicing the surrounding towns including southern New Hampshire.

Chris, the only way I know of to be sure a property is "conforming" is to visit the property in person as well as the immediate surrounding area.

I'm looking at the surrounding areas, like Shoreline, Lynwood, etc...