The equity, the convenience that its super close to me, the experience, and my confidence that this area seems to have a good outlook in its potential growth and if I’m being honest a 300 dollar payment for a potentially 500,000 house doesn’t seem bad at all.

That is probably more my outlook on how I view things.

Personally, I started out looking for deals for other investors by bird-dogging and wholesaling.

When I started out looking into syndications, I found the exact same thing.

They were out looking at apartments for their son and girlfriend who were not in an immediate rush- they were interested in seeing the place.

@Samantha SwensonI think this question is more complicated than many give it credit for but most on these boards are heavily invested and thus have their outlook which is not necessarily wrong but can be a little more on the positive side. 

I'm betting Jason Skelton is wrong about the outlook for appreciation in Indy.

Much of the following depends on your capabilities and cash position, but I've always given people the advice to buy their first home with a 'safe' outlook with regards to appreciation, and schools.I don't know where you are at in life - if you've already made your first purchase, etc - but so far so good on those that have taken my advice.I think later on in life, if someone so desires and/or has the knack, is when it's appropriate to get into what a lot of folks on these forums do - the more aggressive projects where there's more money to be made.This is a round about answer but yes it's possible. 

Outlook has this feature.

Which is why even though I’m highly confident in the long term market outlook, I’m not willing to buy a cash flow negative property.