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.

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?

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.

Here's a short synopsis on Indy investing (as a realtor with 150+ transactions & 12 doors in personal portfolio): - Indianapolis has all the right metrics for a stable investment: average appreciation 3-5% per year, consistent population growth, low unemployment, highest % of GDP growth last 5 years of any Midwest city. - Indianapolis is VERY competitive in the fixer-upper & multifamily realms.

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

- If you have a property management company handle your STR, then good news is you don't need to have an operators permit as you can use the one they have applied and paid for.

I would love to do one where its like speed dating you get to spend 5 minutes with each person that shows up and connect.

@Gabriel MartinezI would not recommend that type of insurance personally.

If I were doing this, I would visit every contractor space for rent personally in my car Within so many miles of the intended project.