You have to have confidence and the Sponsor needs to build a relationship with you if he wants to be sure you have some insights into the risks of the types of deals you would be funding. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

You can also look into building a rental portfolio which is a little less hands off compared to flipping.

If the property has solid appreciation potential or you're building equity while learning the ropes, it could still be a good deal.

We know that they’re building up, it's near a hospital and it is a good neighborhood.

I have decided that I don't want to build a real estate empire but rather generate that cashflow from as few properties as possible. 

Since you have a primary focus on house hacking, saving money, building equity in your current investment. 

Meet fellow investors in your area and build relationships with them.

Your plan to house hack a multifamily property in Indianapolis is a great strategy to start building equity and learning the ropes with manageable risk.

So house for house, apartment building for apartment building.Have your parents considered renting the house they are living in for two years and moving back into the rental unit for 25 months.