@Jaedon StoutBRRRR Strategy - This works well when buying properties below market value and rehabbing them to increase equity.

Challenges and Opportunities Unique to IndianapolisSeasonality: Tenant interest tends to slow in winter, so try to avoid vacancies during those months.Diverse Neighborhoods: Indianapolis has varied sub-markets.

Once the time is right, with enough research, I would jump into a market (hopefully local if affordable) and get started.

I use Beyond pricing in my vacation rental markets and Pricelabs in my city/mid-term rental markets.

A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.

With that, if I were the seller, I'd ask for a little more than the current market value of the land.

Wichita is a good market.

Use tools like AirDNA or Mashvisor to provide market data on projected rental income and occupancy rates, and make sure your lender works with appraisers familiar with short-term rentals.

They can offer valuable insights into the local market, potential rental yields, and specific considerations for a rehab project like the one you're planning.

The impact of job growth in the market is something I always look at because of this 1 job is not just one job.