Sharing your vision with real estate professionals, local investors, or even family and friends might uncover unexpected opportunities.

They uncover a lot of problems with these properties.It sounds like you have enough to work with to appeal their process.

It’s about uncovering high-demand niches that hold up even during fluctuations in the broader market.What I’m describing aligns partly with absorption, but I’m looking for a tool that allows me to drill down into the components of that absorption rate—filtering by factors such as the number of bedrooms, bathrooms, home type, amenities, and more.Do you see merit in this approach?

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.

Apply the 70% rule to determine your maximum allowable offer, then negotiate and get the property under contract, ensuring your agreement includes inspection and financing contingencies.Arrange professional inspections to uncover any unforeseen issues, using these findings to negotiate concessions or confirm your repair budget.

A detailed financial analysis and property inspection will help uncover any surprises. 

I do not see that home prices have dropped 2-3% and this is a lot of added savings in additional to a downpayment if so. 

Some investors thrive in these situations, while others prefer clearer paths to ROI.Before proceeding, consult with a real estate attorney and conduct a title search to uncover any surprises.

And when they’re uncovered the attendant publicity is huge, IF the resultant loses are large enough.  

This thread has been helpful, and I think really any situation where a tenant has demonstrated the kind of behavior I was concerned about should be uncovered (and can therefore be documented) in the vetting process.