Call me crazy (as some already have) but I wish to instill my perspective and the vision that I have planned for my future on those who happen to cross this post.

From a quality perspective, I think you will find better tenants in Groton and better parts of Norwhich but your cash flow will be better in New London.

If you're curious if this is possible, do a "test" advertising on craigs list and see how many responses you get for the singles vs someone renting the entire location out.For my perspective the extra $200 per month would not be worth the hassle unless the market catered to that (i.e college type town). 

To put it in perspective... my mortgage has a two week window for payment.

I work with a lot of BP Members and I'm an investor myself, so I see things from a unique perspective. 

Talk to investors about their experiences, get perspectives from multiple professionals and providers, and have a solid understanding of what you are wanting to do and how to do it.

If the LLCs hoarding vacant and boarded up properties start liquidating their inventory, I'll get worried about the state of the market, but in my admittedly limited perspective, there will continue to be development opportunity but with tighter margins and longer hold times.    

Today I'm most interested in gaining perspective on the space.

I guess the question would then be how to tell the few legit ones from the multitude of scammers.From the lenders perspective there is a huge percentage of loan applicants that are simply not serious.

@Mike Lambert - I appreciate the perspective and offer to help.