For rentals I typically prefer going with LVP flooring, affordable cabinets etc. but one thing I like to spend $ on is countertop as its used often so I will go with an affordable solid surface top. 

I also have significant equity in my home, which I believe gives me a HELOC option for acquiring my first property to BRRRR or flip once I feel educated enough to  do so.The BP podcast has already taught me so much, and I'm gratefully here hoping to learn, share, and apply all you amazing people have to teach. 

Typically you are left with a 1 month vacancy with a PM as they start to advertise it either once it is vacant or just before it becomes vacant. 

I have a lot of investors who like new build homes because they are built to code, they will fix everything on the inspection report, which typically means it will be a very headache free investment for many years to come.

Hi Jalen,If you're considering expanding your rental property portfolio in the Indianapolis area while steering clear of rough neighborhoods, here are a few options you might want to explore:Carmel: Just north of Indianapolis, Carmel is known for its affluent community and excellent schools.

A result not typical to a first time flippers first deal.

NACA specifically does target "underserved" communities but there are other options out there as well. 

Buying a new, or nearly new property, even when at a 10% premium to the market, typically allows for higher rents to be achieved, provides for warranty transfer on items like appliances, roof, windows, and general construction, and prevents cap ex issues to impact annual ROI for the first 10-20 years.

And even though I would have a lot of cash tied up, I would always have the option to cash out refi. 

Would like to know if anyone knows of any lender options for 20% town instead of the usual 25%.