If you buy right, that strategy should boost your cash flow. 

For a rental I like to be around 60% ARV to boost cash flow which brings purchase price to around $40k.Not trying to beat you up over the analysis, but that's something you don't want to be that far off on. 

there are ways around credit checks, but you pay an even higher premium to do so. best bet imo is to partner with someone as a passive investor while you learn comm real estate and boost your credit score.

After that, things quiet down dramatically.  

I'm creating this Forum Post as a reference point for newer investors, like myself, who are seeking to learn more about the different books and podcasts that have dramatically impacted your life as a Real Estate Investor!

But, if you are willing and able to do some dramatic rehabbing, there can be plenty of opportunity there.Bates Hendricks is the neighborhood of the year in Indy as far as gentrification is concerned. 

I was impressed with how fast that came off and there was a pretty good boost there. 

We've closed some stock positions to boost funds, but I'm trying to balance a slow bleed vs ripping the Bandade, so to speak.

I've decided to move closer to the job so my commute will drop dramatically (which is about 100+ miles from me now to the new site).

Of course this being our first REI, we want to make sure its a good one that will boost our confidence and understandings.Thank you guys and gals