It is a common area for investment property.

I'd consider doing some kind of cash out refi on the property at a number you're both comfortable pulling out, while still leaving $ for reserves to maintain the STR you currently have.

I don't really understand what value you think you're adding to the forums by relentlessly posting these kinds of messages. 

These kinds of deals look good on paper, but they usually never pan out to be good investments.

You'll typically find that travel nurses want a 13 week term as that is the most common length of their contracts.

Think of me like that old friend who can’t help but dish out stories over coffee; xcept my stories sometimes lead you to the kind of deals that nudge your portfolio from “just okay” to “damn, that’s impressive.”

I am based in Ventura and have experience managing rentals and we work with all kinds of investors in addition to being an investor as well. 

This kind of "deal" usually means the property is going to be very difficult for the seller to sell in present condition - they owe more than it's worth, or the house is in bad disrepair, etc.

We’re from Allentown, and unfortunately, this is a pretty common issue around here.

I'd also recommend joining a local Indianapolis based REIA asap. the REIA will provide a group of investors who could get you some contractor recommends if you decide to GC the prop yourself.You said it "needs a little work done" but budgeted $50k so those two things kind of contradict unless the home is a larger home...just curious, what's "a little work", if you haven't had an inspection yet and don't feel comfortable evaluating the costs on your own?