I personally believe rates will slowly come down to long-term historic averages in the mid-upper 4% range, but I don't think cap rates will compress much under 5, and that is going to be for the best product in the best locations.  

Most of that is concentrated around the metro areas - Indianapolis, Ft Wayne, upper northwest corner.

We also screen pretty hard and more times than not end up with students in graduate school or upper classmen (juniors & seniors).

How to Vet: Look for CPAs with STR expertise and cost seg firms certified by reputable bodies like BP, with positive reviews and case studies.Start with a CPA to build a strong tax strategy for your STR.This post does not create a CPA-Client relationship.

There are exemptions for LLCs/Corps that employee more than 20 employees or have annual income of more than $5 million, because every body know money launderers never have more than 20 employees or make more than $5 million a year.

Opportunities include affordable fixer-uppers, older neighborhoods, and targeting FHA buyers.Good luck!

I would suggest starting in areas like Merion/Hungarian for value-add opportunities, South Linden for fixer-uppers, and Whitehall - improving market.

Two able-bodied adults who make life choices that result in eviction, but the landlord should feel sorry for them? 

It was a fixer upper with wonderful bones.

Just started, selling off market fixer uppers to investors in SoCal.