It will probably happen much more easily the first time I bend the rules because of the story somebody gave and then being burnt/taken advantage of...

My good buddy is considering purchasing some rental properties in Indianapolis and wanted to get some feedback on the locations from insiders who know the Indy market well.The first one is on Cork Bend Dr (46239) and the second one is located on Clarkson Dr (46254).He will probably make a flight out there to check things out for himself, but wants to know upfront if these areas are suitable for investing in.

Hi guys,This is my first purchase for a rental property, I am confused between 2 properties one is at Cork Bend Dr which is listed at 125k ,year 2006 which cash flows 11.30% .

I have researched flipping and rentals extensivelyI have been a general contractor in Arizona, and am now in West Bend, Wisconsin for 38 years.

As soon as you bend the rules for 1 person it is like high school and every other resident knows about it almost immediately, and will expect you to make the same concessions for them.

Or would he be able to close with the B to C end first then A to B end. 

@Danny Dang You don't want to bend over backwards for them or they will keep asking for more and more.

All works out in the end for everyone.We bid, I think 3 or 4 jobs in South Bend this week.

They are still getting people, so when the market bends a little it shouldn’t be because an influx of people had no doc loans that they really couldn’t afford.  

Here are the details of the parks:Park 1:MSA: Hutchinson, MN27 Lots27 Occupied15POH200 Lot Rent (way under market)City water/sewer - Park PaysPurchase Price is $400,000We are in the process of receiving an extension in the due diligence for this park.Park 2:MSA: South Bend, IN28 Lots24 Occupied300 Lot RentCity water/sewer - Park PaysPurchase Price is $400,000We are still waiting on diligence docs so the 35 day due diligence period has not started yet.Please get in touch with me if interested in either or both of these properties.