Yes, you still do online shopping and coordination and so on, but hitting 500 hours in this case becomes far more challenging.

I’m a realtor and investor in Indianapolis, and I’d highly recommend adding Indy to your list of potential markets.

I agree that the full 25% deposits were high for new build rather than EMD.

I know the grass is not always greener on the other side, but any tips on finding my next market?

Sites such as biggerpockets.com have many syndicators that participate in the forums.

Any recommendations on who can do the reno? 

Even so I would not recommend filing bankruptcy.

Found this property through our local online foreclosure auction site.

Share your tips—I’d love to hear what works for you! 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.