The issue I see with your $500 allowance is that in some seasons they will definitely be seeing a big cost.

Great to meet you.We source from four primary suppliers: Lowe's, Home Depot, Floor & Decor, and Amazon.

I am curious of where people find these low priced homes, if it is my location that is the problem, and if $30k-$40k homes are still possible to flip?

Seems like a low risk strategy for you to start taking action on your dreams, which is the crucial ingredient towards reaching FI. 

Hi Melissa - Yes, I saw these and I’m leaning towards https://learntitlesearching.comthe content creator is on YouTube there’s  ‘about’ page contact info, phone, email etc.The other class might be fine~ but site is missing ‘about’ info, no contact no name, no phone no number no email- not clear who they are.ALTA is specialized/ costly (I’m requesting  some  cost covered by a job training program) so far I took a few quick low cost basic classes here: Understanding title reports , Basics of Title reports and escrow from online edhttps://www.onlineed.com/catalog?

Renting to only Section 8 now is possibly the best course of action if the rent you are willing to sale is low enough.

The data points they use made me feel like it got my pricing right and I feel much more confident about what my nightly and seasonal rates are now. 

If you're open to mid term renting (we transition to this during our slower season), I'd also recommend speaking with the university and trying to see if you could try to be the source for their mid term housing.

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.

I own a 200 year old house that has a very low cost of repairs and maintenance over the 4 years I've owned it.