Hi @Lolo Druff, @Nicholas L. referenced my previous post about buying out of state - I've had mixed results in Indianapolis metro area, Class A (nice suburb, great schools) rental has done well but Class C has been a huge headache (repair costs, stolen AC unit, attempted break in).

Quote from @Thomas Loyola: Hi BP,We are out of state investors looking to buy our first property in Indianapolis or Columbus.

Hi Edward, I have many OOS investors like yourself that are from California that have invested in properties in Indiana, mainly Indianapolis and Kokomo, plus surrounding areas.

I'm looking to sell to get invested more in Indianapolis, IN for more short term rentals.

Another option is to hire independent inspectors or even handymen whom you can pay a flat fee for every time they inspect your house.

Then I need to build my team, inspectors, sub contractors and either find a property management company or try to self manage them and etc.

Essentially, you have to spend your own money and complete work on the property prior to reimbursing yourself out of the escrowed rehab budget.The draw process typically takes 5-7 days from initial request, to scheduling an inspection, and finally for the lender to wire those funds to you after your work is confirmed by the inspector.

I kept my home in an Indianapolis suburb with 3.875% rate and rented it out.

Here's what I've learned:Inspections Are Non-Negotiable: Always get a full inspection, but don’t stop there.Plumbing & Sewer: Have the plumbing and sewer systems checked specifically, as these are common problem areas in older homes.Electrical System: If the inspector flags any electrical concerns, bring in an electrician during the inspection phase for a detailed evaluation.

Hi Sunny,I expect DFW and Indianapolis to be similar to as you describe, although $250,000 price point can be tough on newer homes less than 10 years old.