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.

•Deal evaluation: Simple, actionable advice or tools to help me confidently analyze and structure deals.I’m also looking to network with wholesale-minded agents, understand local buyers’ preferences (buy boxes), and explore mentorship or partnership opportunities that can help me gain momentum.I’m eager to learn, take action, and build something impactful for my family.

Start small, focus on building relationships, and take advantage of Conroe’s growing market to achieve your goals.Good luck!

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify.