Now the landlord has moved back to town and has purchased a house on the opposite side of the city with no intention of wanting to continue to own this house.

In smaller towns mostly.

For example, i have looked at town homes, 4plexs, single family homes, Modular homes, etc. when i look at each one of these, they all have there different qualities. but New Modular homes seem to feel like they might be an easier investment to get started with to get my feet wet. they are cheaper, and they look like they would make a higher profit in renting them out.I hope my question is clear, and thanks for your help

I've used the local, small town paper instead of the nearby, big city paper with limited success.

This house is in a town that was pop 1250 in 2000, 13,000 currently and projected for 25,000-30,000 by 2010.

My two cents: based on what I've seen/encountered, you may want to investigate to see (1) how long they have been in business, (2) how many other properties they manage for out of town investors, and (3) if they are licensed and/or certified.

It depends on many factors, some within your control and some not.I would suggest joining someone's team when you first start out.

This house is in the historic district in my town about a 10 minute walk from my college.

The house is 1/4 mile from the main drag in town.

Make sure that any team you are putting together has each of these, because they will be the lifeblood of your investing wherever you decide to put your money.If you're seriously interested in trying things out of town and would like to talk about Indy or just get some help in any way, fell free to email or call.