Always use a property manager to keep your real estate investments as passive as possible and keep you compliant with Fair Housing laws.This way you can learn to manage the property manager and learn from experience as you go.If you buy a bunch of properties all at once, they may not all fit your buying criteria, there may be deferred maintenance that needs to be dealt with all at the same time, and you will not have accumulated the management experience building your portfolio one at a time.To Your Success!

We are looking into the possibility of starting out OOS investing in Indianapolis.

Is what you mentioned (lease your property to an LLC) a good strategy to avoid transferring my deed to my LLC and avoid the possibility of the bank calling my note due? 

I just spoke with one DST broker (Realized 1031) and they said that most sponsors that they work with kind of add the loads to their total costs, so all of your investment is put to work, although at a possibly higher building cost.

Id also recommend if this is your first investment property your buying to have it as close to home as possible.

Calgary is gorgeous, I try to get out there as much as possible when I'm free.

Back to your question on maximizing rent: In general, the better the neighborhood the higher possible rent.

Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?

Don't be confrontational about it, but let the tenant know that this is something that has to be done and you still want to work things out with them as much as possible.

Depending upon whether they are a bank or a trust company, custodians are heavily regulated by the IRS, DOL, possibly the FDIC, State Banking Commissioner, and maybe the Comptroller of the Currency.