Access to Trend is the best, but average Joe doesn't have access.  

The recent trend is new builds for 6 bed/6 baths but they are difficult to rent out from what I’m seeing.

But it’s in a nice hip trendy area.

Today, Brooklyn Brewery is surrounded by modern apartment buildings, trendy bars, shops and restaurants.

I would have moved in right away to live in while we fixed it up (decent condition paint, flooring) but we have a baby and we got a homestyle mortgage rehab loan and are spending 70k putting in solid hardwood floors throughout (was carpet or vinyl sheets), painting grey (was yellow/beige), new hvac system, (furnace worked but ac needed repair, both systems 15 years old), new hot water heater, new trendy white kitchen (15k with granite) with wood look tile, new electrical panel, etc.

Like others have mentioned the downtown area, near east side, and trendy neighborhoods give Indy investors good opportunity.

FS & FP are trendy/expensive downtown markets now.I love the fact that you've decided to make the trip out.  

In multifamily that trend is slowing and maybe reversing in some cases already.

Hi Todd,That's an attractive looking building.Find a good stable tenant, and possibly offer some of the build out needed (if you have to--you may not have to).Just from a first glance, some tenants that come to mind would be:1) Auto Insurance Office.2) Pizza shop, owner operator, take out and delivery only.3) Dental Office (probably with a repaint to tan with brown trim or etc...).4) Dry Cleaner, drop off and pick up, where clothes are sent to main plant elsewhere by truck.5) Daycare, with attractive fencing if outside play area and parking are both available.6) Local Government or local utility branch office for payments.7) Meeting hall for the town Elks, Moose, VFW, Masons, etc...8) Realtors office.9) PO Box Rentals.10) Co-working space.11) Local Trendy Coffee house.12) Office HQ for your local Democrat or Republican or other party.Good Luck!

Tends to attract a younger /trendy crowd.1REClub- http://jimmyvreed.com/network/...