Indy has become a model for other cities redevelopment. 

Thanks, Bryan Clement  FYI the mortgage industry is still using the decade old FICO models, not the most current ones (queue 50 borrowers a month: "But my Discover Card says it's 30 points higher than what you just said!"

I have few properties in Denver Metro so not new to this ....but any good advice and recommendations on how to approach the out of state model greatly appreciated. 

Check out past/current deals, business model/strategy, any investor testimonials, etc.2.

Never try to reinvent the wheel, there's always good models and people who are willing to help. 

If so, what have been the benefits to having this type of business model as an investor?

Some accountants are moving to a monthly pricing model because $400-$700 sounds less scary than $4,800 - $8,400.Ultimately, it is very difficult to say for certain how much your taxes should be without all the information.Are all the properties located within the state that you live in?

The issue with this business model is these tenants are not easy to find and the less desirable the neighborhood and the lower the price range becomes very difficult to find a suitable tenant.

Do your homework here, take some time to understand the different business models that exist and ask all the questions you have along the way.

People doing 10+ deals a year4-6 peoplePeople that want to be open and share best practices – a diverse group of investorsPeople willing to provide constructive feedbackAn initial call for everyone to explain their business model – what you are doing, what you are looking for, etc.Once a month organized calls (Skype or Google) with an agendaA shared group (probably on Facebook, Google drive) where we can share ideas outside of our meeting timesCommunication and accountability outside of the once/month meetingThis is an evolving thing and I am open to best practices and ideas others might have.