Not that I'm trying to predict the future, but guidance from people who definitely know a lot more about the market is much appreciated.And of course, if anyone has suggestions into what other markets I should look into, I'm all ears!

I viewed the property today and the results were predictable.

I am much better when I earn my money in a high growth area/job, and invest it in a consistently growing area, a predictable lateral moving and well diversified economy.  

FHA requirements for owner-occupancy state "At least one borrower must occupy the property within 60 days of signing the security instrument and intend to continue occupancy for at least one year".Not sure what your exit strategy is, but keep in mind you need to season the title 6 months before you can cash-out refinance into a conventional loan and use the higher ARV.

Welders, pipefitters, electricians, boilermakers, instrumentation, insulators, iron workers, crane crews, pipeline crews, scaffold builders plus their management.Find a niche and exploit it.

Hi @Harrison Blaufuss Fellow SoCal member investing in Indy, there is a lot of homework you will do but at the end of the day you are relying heavily on your team, at first your realtor that found the house and has given you their future predictions of the area,  then your PM will tell you what they think of the home and area, if you like it and place an offer then after the detailed inspection you can call and talk to the inspector for a few minutes about the house and area. 

Has to be in your titled in your name but it’s a predictable and likely manageable payment over the span of 30 years2.

Obviously we all predicted that.

Obviously I can't predict the future so good luck to you!  

I can't predict that, and I don't see any reason to think it will - but I reserve the right to be wrong.The numbers for the 1st quarter of 2018 vs 1st quarter of 2017 in Middlesex County:Homes on the market: Down 29.6%Average sale price: Up 9.7%Days on Market: Down 23.7%Months Supply: 1.2 months, Down 29.2%So there are far fewer homes on the market.