The area is also growing rapidly.

Indy is similar to Columbus with prices and growth but I personally like Columbus better for its growth with new companies moving here and its tech space rapidly growing.

We are doing new builds in FL right now that cash flow day one, have the opportunity to have equity (and yes more than your downpayment) day one, as well as being in a rapidly growing market. 

Also, do not rely on the rapid increases resulting from COVID; these increases are not sustainable.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Grand Rapids.

Looking to buy my first house hack in Grand Rapids Michigan in a few months.

My husband and I have rapidly been working to pay off our personal debt but still have a ways to go, also why we do not have a lot of cash for down payments, as all extra is going on debt.

Targeting markets that have not been exposed to the rapid appreciation and Ibuyer craze while still having employment opportunities for the work force!

It's a healthy and diverse economy with projected growth, but its also a city surrounded by open build-able land, which means it doesn't have the same kind of condensed urban core, where scarcity of land drives rapid appreciation like in other major cities. 

That will take way too long to replicate this (BRRRR) strategy at a rapid rate.