@Chase London, if you and your dog live in the house next door to them and you'll personally be there every day to manage and take care of the properties and tenants - maybe, just maybe yes, otherwise NO!

I have come upon a nice 3bd. 1 bath 2 car garage (no basement), 1100 sq. feet for 29K in a nice area of Hammond, In. 

HII am about to build a 2 car garage with at apartment on top.

3/2s with garages.  

For example two 4 bed 2 bath condos next door to each other rented for $1350 each. $2700 per month rent and offered at $180k. 

Also to give you a better understanding of my goals:I want to own 50 properties that cash flow a minimum of $200 a door by 30 (I just turned 24).

Title company gals are a good source of this stuff too as they have to deal with the day to day with builders and hear it from all sides.. of course its gossip most of the timeand then last but not least if they are building in subdivisions simply knock on the door of someone who just bought their home and ask their experiences..

It gave me her current address and the names of some relatives.I knocked on her door (which also looked pretty beat up), and talked to her husband. 

The biggest demo is in the garage which needs all the drywall removed due to mold caused by resting water in the crawl space.

Then it seems like you have your price point, if the one next door sold for $128k and is similar, thats the price.