On a DSCR refinance, you can hold title in an LLC, however a person will need to be on the loan (not an entity). 

One sale can be worth 10-20 leases or more, personally I would rather work really hard to sell a few properties if I was just getting started.

One person may take the “it adds perceived value”approach, while the other is cost conscious.  

I ended up expanding my personal credit by $8,000 on my own.

Constant housekeeping complaints, bookkeeping errors, them using my property for their personal gain without me knowing it, charging outrageous "fees" that they didn't share with me, which effectively lowered my rents, and questionable repairs and maintenance expenses and quality. 

There is a SFH my relative is selling at auction due to personal life circumstances.

I have personally never been there but are there specific attractions, employers, military base, etc. then make Indy a good STR/MTR market?

I'm also a big believer that Health is indeed a person's greatest Wealth.

I do not personally recommend these as an investment, but I can offer some insight to your questions!

Definitely worth looking around for in-person events because there doesn't seem to be a lot of activity here on BP for the SLO area.