But although I don't hear it mentioned as frequently, IRR is still possibly the most heavily-relied-upon calculation used by investing professionals, so it might be good to include.The other nice thing about the mathematical method I'm using is that it can easily accommodate qualitative variables by assigning them a points system (e.g., local economic conditions ranked 1 to 5), which then allows them to be included as part of the analysis alongside the quantitative variables.

Would you want to live by crazy folks with vicious dogs that frequently get loose ?

Yet they can be quite expensive to replace frequently.

The rules are changing frequently- I feel it is important to know the local govt. feelings toward STR first.

See link for more info - https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions#designatedThe essence is that you can invest capital gains into a qualifying fund and defer capital gains, even completely diminishing the taxes if you leave the funds invested for a specified period.

I believe Indianapolis has events there frequently, though I have not been to those personally.

It allows someone to use data to know who is buying, what they are buying and how frequently they are buying.

I am sure this question is asked frequently, but where do I start?

I also frequent nearly all of the Facebook Indiana real estate groups.   

We don't offer any rent credits, but will frequently give seller concessions if the option is exercised and the tenant/optionee buys the property.