Indy is a strong market with a great mix of cash flow and appreciation potential, plus it’s very landlord-friendly.

We have had some clients do this.

Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.

@Surya S KumaresanYou're in a great position to grow your real estate portfolio in Atlanta, a market with strong appreciation and rental demand.

The bigger companies, truly see you as another number in their pipeline and not as a client.

I have had clients that had a quote come back 5K a year more than we expected it to come back.

I had a client who kept waiting for a better rate, only to see it jump 0.5% overnight costing him thousands.

But, they will be in challenging parts of town where realistically you do not want to own property and your long-run returns will under-perform.I'd encourage you to find a balance of sub-market growth, nearby employment, strong income, and only then a good rent-to-value ratio. 

@Linda PhamAll our midterm rentals are in Colorado as are our clients, so I don't know Houston's market.

I'm currently going through this with one of my clients.