Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.

Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.

If someone is living on a property they cannot afford, they simply move to a smaller place somewhere else for half the price and problem is solved.

I had holes in my shoes but came to not mind it because I couldn’t afford to buy new ones.One day I wanted to go watch a movie.

Sometimes they can find creative solutions or know the right way to present your case to get approvals. 3.

I have about 30k right now mostly in a HYSA and am planning to just hang on, I afford everything with my salary and roommates.

My partner and I would still do it when the seller was made abundantly aware of the situation and it was the right solution for everyone involved.

The more affordable price points, combined with a steady rental market, provide some peace of mind.

If you offer high quality affordable housing, you'll always find and magically attract good tenants. 

It's going to be more about your confidence in the market that you can afford than anything else, so the primary thing is to look up a few areas you might be able to afford and then look for someone local that can hop on a call to give you an idea about what investing there is like.