A diverse and growing economy?

Leasing to the second store would hurt the first one and would reduce the diversity of the tenant mix. 

They never tell you this in the get-rich-quick buy-and-hold seminars, but there are simply a LOT of people who do not have and don't want to acquire the mindset and diverse skill set of a quality property manager.I also tell new investors to go through your first eviction with your lawyer.

My whole family is diversely in real estate.

The terms/conditions are a huge flag as already pointed out, but the accent shouldn't be considered a flag if we ever want to get the mortgage lending industry (both private and institutional) more diverse than it is today.

I'm looking to diversity out of CA real estate market into mid-west / south / south-east and am looking at Indy specifically.

Look for markets with affordable homes, growing populations and jobs, and diverse industry.

Most people don't understand how massive & diverse the economy is here. 

@Albert Jones Indy is a very diverse city in terms of real estate, you have areas that have skyrocketed in the last few years and areas that have only been dragged up a few % because the city as a whole is coming up and investors are buying based on spread sheet numbers not actual facts.

People doing 10+ deals a year4-6 peoplePeople that want to be open and share best practices – a diverse group of investorsPeople willing to provide constructive feedbackAn initial call for everyone to explain their business model – what you are doing, what you are looking for, etc.Once a month organized calls (Skype or Google) with an agendaA shared group (probably on Facebook, Google drive) where we can share ideas outside of our meeting timesCommunication and accountability outside of the once/month meetingThis is an evolving thing and I am open to best practices and ideas others might have.