The key there is "for the right price."

So were talking turn-key NOT low class reno needed. 

What's key with this metric is it has to be taken in context.

The cash you have on hand in liquid reserves allows you to focus on properties that "Are Not" turn key and could use a little TLC or renovation. 

Over the last year, we noticed a few key trends worth highlighting:Market Recovery Signs:Loan volumes reached $539 billion in 2024, up 26% year-over-year.

Good property management, and more specifically good ownership is key.

You wouldn't want there to be a bunch of turn key rentals with high rental values on the market.

The key to wealth is smart leverage and action.Luis Maqueira 

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.From my experience, it's possible to find deals that meet 1% rule if you invest in *turn-key* duplex or SFH here, but they are harder to find, and could potentially slow down you from scaling up.

@Diogo Capela can give a more detailed view on some of the legal adventures we had with this property but, to summarise, my key learnings from this deal to date: 1) Get confirmation that the entirety of the property is on the Camara (town hall) plans and fully legal.