Even if you take the out of state route, your experience will help you identify the qualities/competencies in property management companies that you'll require.Best of luck to you!

(age of home, neighborhood, size of home, lot size, quality of finishes, etc.)

Is there some sort of limition on this method?

I've heard/read a lot of people saying to buy the best property you can manage to buy (in the nicest area), to get higher-quality tenants and greater appreciation over time.With that in mind, I'm curious people's opinion of doing a BRRR strategy in the western 'burbs' of Indianapolis.

Does anyone have a reference for affordable/quality contractors for the project? 

I think you are referring to "cash for keys," be it through a formal rent control method,  or through ad hoc agreements with the tenants (cash and free rent for "x" period of time, etc..).

I'm stuck in the mindset that maybe Park City or Garden City would work for AirBnB properties, but is it a method that works elsewhere?

I don't have the capital myself and would only consider creative methods for my own BRRRR or similar project down the road. 

I get really frustrated when I pay for work and it ends up not being to my quality standards or time frame, so sometimes even when I know it would be better $$ wise to hire someone out, I just do it myself

Are the rents much higher than you would get without the creative community concept or is it more that you are getting a lot of demand and better quality tenants ?