House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

Recent sales in the neighborhood are also not updated. 

Any specific neighborhoods you recommend looking into—or areas to avoid?

Indianapolis and surrounding areas often offer strong rental demand and reasonable property prices, so you’re definitely looking in the right place.For neighborhoods in Indianapolis, I’d suggest checking out areas like Fountain Square, Bates-Hendricks, and Irvington.

I recently watched a video on social media that mentioned the way he was buying properties and yielding the benefit of the sellers low interest rate is having the seller put the property in a trust and then purchasing the trust.

Rent in the neighborhood is $895 for a 2 bedroom, 1 and 1/2 bathroom, so for 4 units it will total up to $3,580 ($1,073 difference).

It's no different than their 2-year, low interest rate teaser houses.

It’s on a quieter street, low income area.

And as I explained earlier, your investment is protected by real property, so your risk is extremely low. 

Low end MFH is overpriced for the current rent amounts.