…I get to watch World Series baseball in my front yard every even year.

Watch oil prices and when WTI hits 70-80 per barrel again then maybe think about it.

Reading the codes is about as exciting as watching paint dry, but extremely important, especially before you buy.  

I just wanted to know if there are good or bad parts of that city to look towards or watch out for?

My goals for a letter would be to update the neighbors about:coming progress in their neighborhoodwho to contact with questions and concernsdevelop rapport for neighborhood watch and potential buyersDoes anyone have examples of direct mail they send out or ideas that I am missing to effectively communicate a professional image when entering a neighborhood to start construction?   

. - I would think that this project will take too long and has too many moving parts - I personally would not get involved.I like my deals simple, fast, all cash and free of government interference and unexpected cash drain from my existing cash flow or committed equity - I don't want to have to explain in explicit details to a bunch of liberals W-2 employees in the county office or be associated with predatory mortgage brokers, clerks at banks or any other type of  lenders for a short term loan  in order to make a deal work - NO THANK YOU - I want to sleep at nights without the worry of who's watching my project - how am I going to pay my next mortgage payment and when in the heck am I going to see a profit?  

I worked through the financial crisis and watched all of the brilliant property maneuvers of now broke individuals, I know, I know "It can only go up."

Oh, even though we made this YouTube video on denailing the reclaimed flooring we got, nobody is watching it. 

The camera in the house would be something I would tell them to immediately take down when they come in, that way I can watch it for vagrants or whatever. 

That is your best option aside from watching for a multi unit to come available in your area.