One of the trends you see clearly is that smaller landlords do not want to rock the boat increases, especially with good tenants. 

So I think in order to pin this down we'd have to have someone intimately familiar with the various factors at play weigh in, especially demographics and market trends in the individual price points. 

Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.

3) Is this a trend localized to Indianapolis, or is it indicative of a broader national issue?

However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from October to November, bucking the seasonal trend.

Unfortunately, based on the Trailing twelve month trends, it is unlikely rent will increase and appreciate asset value. i wouldn't be throwing more money into this deal.

Investors who move early could capitalize on these trends before property values increase further.The Delay: A Setback or Opportunity?

The ROI is attractive at 16%, but ensure ARV aligns with recent comps given market trends. 

Are you seeing any other trends in the Commercial sector. 

A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!