I'm buying the house for cash flow purposes and don't want to sell for awhile.House has good school district and good area overall.

Tenant needs a letter confirming resicencey for the school district, because they do not accept a lease that's older than 12 months.I have to say, I love the spirit of the cinder block guy ;-)

It really depends on the location and school district.

Typically there will be a partner who handles the deal flow and logistics and the folks who went to med school are usually LPs/"silent" partners.  

IU East is more for commuters, and Earlham is a smaller liberal arts school.

This would be zero issue in Indianapolis and tons of normal conservative old school banks or credit unions would lend on this 75% of as is value and 75% of additional construction cost as long as not more than 75% after repair ARV.

Appreciate any insights relative to safety, crime, schools, family friendly, etc. thank you BP team. 

Close to schools and restaurants. 

Great location in fantastic school district, rapidly growing area, showing great potential for future rental.

What is your alternative during non-school seasons when units are vacant?