A house in my neighborhood now shows up owned by FEDERAL NATIONAL MORTGAGE ASSNC/O SETERUS INCWhat does this mean ?

Dayton Ohio: How is the neighborhood in the map attached?

I was born and raised here in the valley and am familiar with most neighborhoods around town (moved a lot growing up).

Trotwood Ohio: How is the neighborhood in the map attached?

At that point, being that it's in the middle of a few stick builds, a few other mobiles (property isn't just out in the boonies here, guys, it's in a neighborhood), it may sell as is and leave the other headaches be. 

I’d like it to beAs much as possible new ( built not before 1950) and updatedSitting in B/C-neighborhood, and able to find “its” PM, not charging arm and leg.Here comes the hard part- it has to be in range of possibly short direct flight from Europe, namely, on the border of the major metropole, in case I do need to be present.

The stat that is missing from the story of this tear down is what discount did this owner get on the property because of the condition it was in relative to a newly built home in the same neighborhood.

@Jessica FreeseAs another poster has alluded to...look at Cleveland....I have a SFR that I bought there this year that I'm achieving 3% rule....and a couple of duplxes that I am achieving 4% rule.....ALL are in "C" Neighborhoods

Find a neighborhood where you can go and change and add your value to. 

I am looking for a carpenter who can assist with framing a 36' dormer on a Chicago Bungalow in the Washington Heights neighborhood.