We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.

Hi Jared, I’m a local agent here in Indianapolis and also an investor myself.

Being close enough to hospitals and also the University is a good strategy, but would be happy to give you some more info on the local areas here.

Costs vary but can range from $1,000 – $3,000 per unit.Water/Sewer: This is more complex and may require approval from your local water authority.

Has anyone found a local Sac CPA they can recommend?

For me, it’s been a mix of local friends and paid contractors.

My father was a member of the IBEW out of Local 6, so I have a deep respect for your profession.Are you planning to use the BRRRR strategy on a 4-unit, or are you leaning toward a turn-key investment?

Attend local meetups, analyze at least five deals per week, and connect with investor-friendly agents to position yourself for success.

I am leaning on local first for my next investment, but not ruling out an out-of-market opportunity. 

Just do thorough research on the local market and have a solid plan for managing the properties remotely.Good luck!