Once you have some prospective residents it's important to do your due diligence with screening using background checks,income verification, and credit reports.

If you're looking local to Indy, you may check out Bean Creek area, Garfield Park, Christian Park, Riverside to name a few.

Perhaps check with other banks.

Check out Samsung fridges they have some terrible reviews.

I would look into that and try to get a gauge for the occupancy of the area and whether new jobs are coming in (check the local business press).

Credit check , background check)

It seems awful long for a rent check to clear (I'm assuming you're getting paid via check).  

Once you have a contract that works for us, we fund the acquisition and rehab, take on the risk, and split the profits on the backend.What to ExpectComprehensive Support: From finding deals to managing rehabs, we’re with you every step of the way.100% Financing: We cover all the costs, removing a significant barrier to entry.Risk Management: We take on the financial risk, allowing you to focus on learning and growing your real estate business.Profit Sharing: We split the profits 50/50, ensuring a fair and equitable partnership.See for YourselfTo get a better idea of what we’ve accomplished with our partners, please check out my BiggerPockets profile.

Come check it out please feel free to contact me if you have any questions.

When I saw your post I went over to check him out, because I've never heard of him.