I have found local/community/regional to be highly variable in terms. 

So, your two choices are: buy and hold and build sustainable income, or continue to work work work to keep your income.

I have come to BiggerPockets in hopes to learn more about real estate and connect with other investors in the Northwest Indiana region.

Anyone have preferred wholesalers they buy from in the Region?

I have a regional bank that will do the loan, but at only 60% of the purchase + rehab costs.  

I am also looking into MFH in the Midwest region.

I'm in NC if you prefer to apply a regional bias to the number.

Do you know the viability of the rental market in the lakes region?

Hello @Chad S.Before I respond to your observation on Las Vegas multi-family properties I want to state the three criteria by which I think every investment property should be vetted: Sustained profitability - The property must generate a positive cash flow today and into the foreseeable future.Likely to appreciate over time - You would never buy a property just for appreciation but appreciation is very desirable.

Hello Joe,I don't disagree with what you are saying but I am not under the impression this level of accelerated growth is sustainable over the long run.