Long term buy/hold in Indianapolis suburbs and surrounding count

[Will F.]

Anyone have experience investing in Indianapolis suburbs and surrounding counties?

What do people think about markets like Anderson IN, that have had hard times and population declines due to employers closing factories.  ie Anderson with their loss of GM.

Do you think there's any long term potential?  Perhaps if they tear down some of the dilapidated housing stock?

I'm contemplating buy and hold in these areas for 10-40 years.

[Jordan O'Donnell]

@Will F. Each has its own uniqueness to it. 

Plainfield is a developing suburb that has had numerous industrial parks put in within the last 5 years and it continues to grow from a population standpoint. Many of the people that are flocking that direction are middle-aged professionals that are starting families. 

Avon sits about 4 miles away from Plainfield so they have many of the same traits

Franklin is town that has big city amenities with a small town feel. It also is home to a local university so the millennial population has begun to flock towards it. It would be a great town for college rentals and fix and flips as many of the homes within the city are little older.