@Jacob NevarezRecommend you figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

But, again, if you friends  in Indy know a thing or two about investing and can partner with you, where you both have a financial stake and they get "more" of the pie relative to their equity contribution in order to oversee the success, that would be the ideal scenario in my book.As for broadly in markets, both are considered pretty good.  

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The tenant claims he's under financial stress due to being out of work after an injury and is struggling to get the funds together for the funeral services.

And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

That can easily become financial suicide. 

Can I even be financially independent in this situation?

I am wanting to start real estate investing to become financially free in the future.

I have worked in recovery, but currently am retired and have rentals I would like to possibly rent to Oxford house- or possibly convert into sober living if it makes sense financially.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.