Hey BiggerPockets community,The Indianapolis real estate market has been showing some interesting trends lately, especially in the fix-and-flip space.

A 10-year interest only, for example, is going to have a fixed rate for 10 years and you will not make principal payments during that period.

Here are several. this is just a small sample size but this does not mean its everywhere etc. but definitely seeing a lot of fix and flip loans in default getting sold.

Work hard and fix it up yourself then rent it out and refi.

I essentially try to buy a BRRRR type property and fix it up but never refi.

Long terms rentals will have repairs from time to time, but if it is a true emergency, you are going to be calling someone (eg plumber) to come in and fix something, so that is no different than your own home (minus the clean up). 

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.

Volunteer with habitat for humanity they teach you how to fix up houses, its how I learned!

Next is to explore what strategy (long-term rental, short-term rental, mid-term rental, fix and flips, syndication, etc...) fits your investing goals and then your location.

How do you assess and manage risk when financing a large-scale fix-and-flip project?