Staying local and house hacking—especially now, before kids—gives you so much flexibility to set yourselves up for long-term success.Your financial foundation is super strong, and house hacking a quad sounds like an amazing first step for you two.

ACT and the various localized distressed property laws.

Is there someone local who handles these sales? 

The buyer pool is beyond flakey..Your best bet is a local investor.

I recommend reviewing your local laws to understand the requirements involved.

You could also reach out to @Jonathan Klemm who is local as well.

My name is Chad, I am a renovation construction PM professionally, currently starting a search to find/ invest in some Indianapolis and local area fix and flip projects.

But if you're more into those value-add deals, definitely start local!

Have you tried attending your local REIA's and real estate meet-up groups?

I'd suggest checking local Airbnb/VRBO data or using AirDNA to see occupancy rates and average nightly rates in the area.