The only people I have ever see benefit from doing cost seg were active real estate professionals that could actually offset the additional losses against some sort of income. 

Do you mean there is some sort of deposit for bidding that is non refundable?

Taking out the rehab money wasn't the worst, however you have to budget for a down payment for your contractor which I didn't. 

When they cannot remove the tenants they can’t fix the units.It is also an overreach, what the city could start with is helping the landlords deal with their tenants, perhaps starting some sort of arbitration system.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

I'd first slow down and develop some sort of subject matter expertise.

This is some sort of fill-in-the-blank evaluator, isn’t it?

You have to work the deal where in the worst case you break even. $300 will convert on $500 or more for repairs and additional costs.You have to find a good deal and partnering with an agent to help you achieve that is key.

Indianapolis hosts a lot of events so people travel into town for all sorts of conventions.MTR market is also strong as we have a lot of hospitals downtown as well as traveling professionals who need furnished housing. 

I've also been doing well with other investments and it sort of took a back seat.