I guess the owner would have to weight the cost vs benefit.

And as you said there's a boat load of STRs in Riverside/Avondale/Murray Hill. 

If you are in a bad neighborhood then you need to grow thicker skin to handle being a landlord in such a neighborhood.If this is loads of different guys/people then that is different than an individual.

Sponsors made millions or tens of millions in acquisition fees, loaded them up, and were happy, in some cases, to layer in 1031 exchange facilitation into these types of deals using DSTs as the cherry on top for even more guaranteed, often upfront, income. 

@Brandon Brown you have either done a boat load of research or have background in mechanicals! 

They have to run 2 new wires (100 amp each) underground but still carry the same load as the existing one (200 amp).

Interest rates are just one component of the economy and you have many different macro-economic conditions that impact housing such as job market, inflation, debt loads, lending standards etc. 

Indy is loaded with 2-4 unit properties and if you follow the Gentrification circles you can find them and buy them on the outskirts where the values reap the best benefits.  

You'll want to understand what kind or notices and documents you need to get executed to either up their rent or turn the unit.Solid long term tenants are worth their weight in gold in my book so if theres a way to up the rent and keep them happy I's say thats the best route personally.

This includes gaining access and loading the necessary applications to control the garage door and other capabilities.The MTRs I've seen on websites only have simple photos, without a specific location.