Rent ready units on the MLS at small unit counts are unlikely to have positive cash flow in spite of what various mid-west RE agents and turnkey providers claim.- Value adds are a lot of work and have risk. 

For a new developer with no experience, I would count on having to have 25% of total project cost (if land is 150k and cost to build is 350k, total project cost is 500k so expect to put down 125k). 

As to the grandfathering - I went to the main library and looked at the criss-cross/Haynes directories.

@John UnderwoodUnderstood, but do you think it should ever cross my mind in the future to dive into the STR realm so I can maximize tax-write offs (Passive losses offsetting active/earned income) from my Job later or just stick with the good, stable, LTR’s? 

This won't count as serving her, but should hopefully get her attention and potentially get her to call back. 

I shouldn't be buried in the rankings under a bunch of liars that are counting on search fatigue to grab bookings. 

I have quite a few that I'll list below however it will depend on what you mean by relatively low acquistion cost.For short term, you'll want to be in trendy areas like Broadripple, Holy Cross, Fountain Square, Bates Hendricks, Old Southside, Garfield Park.

Continue asking for references, but do your own research as a cross-check.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

We had several funds and what we did is create an attachment for the agreement that it follows each company but each company is responsible for their own costs and cannot cross polinate the companies. it just saves signing 5x and just do it once sits it is the same agreement

Room counts?