Class B Areas and growing suburbs around Indianapolis

[Shankar Sridhar]

Hey folks,

I got my first property last year at Indianapolis in a Class C area. (Glad to have done it esp. after which interest rates started shooting up crazy!). 

Meanwhile, I have started to study the town closely and want to keep my buy-box focused on Class B properties after hearing many investors claim that they are tired of its problems despite its better cashflow, esp. being OOS investor.

I know places outside 465 loop are generally considered Class B, like Avon, Plainfield etc. Any other growing markets around Indy you have observed/invested at? 
Looking for some more info from fellow investors who have had success with Class B markets for buy-and-hold rentals.!

[Taylor L.]

Just weighing in that I also prefer class B rentals. Class C properties tend to have a lot more deferred maintenance, and that bill comes due one day!