In your situation, I'd suggest the first choice. 

I know Indianapolis is a popular market, but I'm also interested in looking in some other areas outside of Indianapolis.

Now that I've invested most of my cash I've found a deal I really would like to close on and would like to know if anyone has any suggestions or advice.The deal is for a 3bd 1.5ba on the lake in a very popular tourist area.

It may be that a mix of companies may be a better choice for you. 

Relatively rookie investor here even though we've been renting out a home for about 10 years.  Originally this was our family home that we bought from a builder around 2005 and then took out a HELOC to do landscaping,...

These loan products are very popular and simple to accomplish.

Maybe review the investment choices in your 401k plan as carefully as you would stock purchases from your non-retirement $$.

@Sher J.We're moderately debt-averse, which we know is controversial but it's also a personal choice.

At that price point, closing costs are roughly 20% of the purchase price, which makes the choice of financing or buying cash an easy one.The good news is, my monthly revenue will go up almost $200, but my COC % drops to 17%... still not bad.I closed on the property last week and I'm already looking for the next investment!

You have several choices: pay to have someone haul it and compost; build a wire cage about 4' tall to place grass clippings and dry not colored newsprint to allow to compost; ignore and see if you get fined...