Indianapolis Investments, what are You looking out for?

[Jordan Allinger]

Hey all, I'm just getting back into regularly analyzing deals. I've started with multifamily, because for my personal first home, I think it would be the best fit. My girlfriend bought a home with FHA that we're currently living in and about to house hack, and I'm starting to job hunt for the salary that will allow me to buy as well (since I'm not on her home). As stated I'm looking for multifamily, and will probably be using an FHA or FHA 203k, but I'm just curious what some others are looking for in this market. Perhaps single family off market properties, or larger homes near the universities (single room rentals), or finding areas that will hopefully inflate due to developments, or finding perfect homes in the markets outside of Marion county. Just curious as, if you don't know, there's very few multifamilies in this market. I know that some will say, look in a different market, but I will be house hacking the first home while I save for a 10 or 20% down payment, so that's not really an option. All tips and advice are welcome! Thanks for your time!

Jordan