I would add that for openings that are about 3 weeks out, I cut the price a good bit, but not so much as to attract the wrong type guests.

@Sharon AsayagIndianapolis's real estate market is attractive due to its diverse economy, affordable housing, and strong rental demand.

Easy, peasy.Now, what does it take to produce $1,000 per month free and clear?

If it were me, I'd probably hold off to see if you can't attract a single family or some other tenants.

I'm only building rental cabins which is a higher price point due to their ability to produce income. 

If you charge below market rate, you will attract low-quality renters who are more likely to trash the property and make your life miserable.

I was recently quoted as low as the high 5%'s on a FHA loan for a new primary property..these are attractive borrowing costs in comparison to the comparable costs of renting a similar property profile. 

In 10 years it is virtual certainty that a leveraged purchase today would have produced a good return.

Mitigating factors, this is a suburb where occupancy rates are high, rents are growing, and multiple innovation-based businesses are attracting young workers to the area.5) Are YOU investing in this deal?

A clean, well-designed bathroom can also enhance the overall appeal of the home, making it more attractive to potential buyers.The curb appeal improvements typically rank third in terms of ROI for fix-and-flip projects.