This may fall in the category of "just because it has worked does not mean that it is a good idea."

I know this is old but wanted to weight in. 

Broad Ripple, Fountain Square, Bates Hendricks has gentrified a lot and property values increased but the public schools in B.R aren't good so I'd put them in B category.

I generally agree with your categories and the areas you picked.

Go put one together.Without one of those no one can tell you what you should do correctly and in any case you have no basis for valuing one persons advice vs someone else.If you did have an IPS, it would most likely indicate that the recent run up in real estate prices means your RE portion of your investment portfolio is over weighted. 

It was difficult to install and has been problematic as it bends with the weight of our two overweight tenants who like to take showers together.

Falls into the "wadyagonnadoaboutit" category, but the fact that they are making money on the float off our properties and guests, in addition to high fees, is frustrating to say the least. 

Start a local "lose weight" club for a monthly fee. 

Philip - I looked at the past couple of posts that you started and you mentioned many things from BRRR, Flips, Wholesale, buy and holds.each category you mentioned is treated a little bit differently for tax purposes.

I fall into that category.