If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

The main issue is a consistent lack of effective management and oversight.

It was the purchase that jump started my real estate investing career by providing a high consistent cash flow, and a large capital gain 4 years later.

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.From my experience, it's possible to find deals that meet 1% rule if you invest in *turn-key* duplex or SFH here, but they are harder to find, and could potentially slow down you from scaling up.

Personally, my favorite way of sourcing deals is building relationships with brokers and nurturing those relationships by checking in consistently.

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.

Focus on location: Look for properties near colleges or hospitals—they tend to bring consistent, reliable renters. 2.

Section 8 provides consistent pay and the tenants have to uphold the standard put forth by SECTION 8 to maintain their voucher. 

If you go the direct-to-owner route, commit to doing consistent outreach for at least a year or, better yet, at least 2 years.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.