As a new investor, I'm looking at B class neighborhoods so I would naturally think they would be Beech Grove and Greenwood....pretty much that area in SE Indy near 465 or 465 and I-65.

@Dmitriy Fomichenko self-employed health insurance allows S-corp owners to report a higher salary that's not subject to SE tax and still deduct the premiums on their 1040. 

If it gas a lot on it and you need a full report to se to negotiate with the seller, then at that time you get the full monte. 

While living in Atlanta, though, I've come to love the area and I see it only getting better every year.I'm aiming to get one or two units in a transitioning area (I'll have ~$65k to spend, and am focusing on SW/NW/SE areas) with the ultimate goal of building a portfolio of my own here in town.  

Hello everyone,I am looking for opportunities to join a team to purchase an investment property. Ideally, I'd like to buy something by February 2016. 

I don't perform "routine maintenance " per se.  

I don't know about the St Louis market but I am familiar with the SE Michigan market.  

No, the land is not a view lot. 5644 SE Flavel Drive. 3BR- 3024 sq ft.Here is the YouTube video of it on fire in 2013!

So save for legal fees if you are a pro se whiz small landlord.

Peter brings up key aspect of duty to defend, too, which is a real factor to consider (and while I like an LLC for a paid for property, it does not provide that key advantage in the risk management formula, I am not getting into due on sale or pro se issues here)..