If you buy in a city with limited appreciation, every investment dollar must come from your savings.

I know a few investors in college towns who make a killing from buying homes, renovating, then renting out to multiple students per each room.

Congrats on buying your first condo—that’s a big move, especially in a competitive market like NYC.

@Luke Hamlin you can buy a second home with 10% down with a Conventional loan.

From what I’ve seen in Bloomberg, it also doesn’t hurt to keep tabs on any shifts in local buying trends.One more thing I’d consider is the exit strategy.

Is there a buy out plan?

Are you agent yourself and what makes you say that you'll avoid buying a home under 1000 sqaure feet again? 

Can any investors in the Indianapolis market  please help by referring me to an agent they have used to buy properties that they were satisfied with?

A landlord policy can be a commercial policy or a personal lines policy.It's the same as asking if you should buy a single family rental or a 1 unit building.Focus on the coverages and disregard the name of the policy.

I’m looking into buying a rental(s) in this area.