Usually a small down payment and favorable terms then refi out in 5ish years. 

This would be so much help, I am very much looking forward to returning the favor once I have the knowledge.Hope everyone is achieving their goals, and thanks in advance for everything.Patrick

I think that doesn't sound like a bad idea at all, assuming there is a demand for airbnb in your market and that regulations are in your favor. 

The Solo 401(k) also has the advantage of being more favorable for real estate investments using debt-financing such as a mortgage - as the 401(k) is exempted from a small tax called UDFI that an IRA would pay on the percentage of income derived from the borrowed money.So, as you continue your research and get feedback here on BP, think about what type of program will best suit you needs and be sure to ask questions along that line.

This set up would skew your capital gains treatment in your favor (moving more of it to LTCG vs. short). 

If M-to-M, Do yourself a favor and in your offer/contract include clause along the lines of "PRIOR TO CLOSING existing tenant must either sign new lease with buyer at buyer's rental rate and terms, or the current owner is responsible for removing tenant prior to closing".

I've also ready on these forums that folks favor listsource.com.Use the search function on Bigger Pockets to find out what others have recommended in the past. 

Hopefully one day I'll be able to return the favor and start contributing to the conversations as well.

There is a built in conflict of interest, but it can work in the would-be-seller's favor like this: "Hey John, I like this home you have for lease and I notice you are a real estate agent. 

I am interested to hear from others though why they might NOT favor Indianapolis because I haven't heard much yet from that perspective or even if they feel differently of what I've mentioned since I haven't been to the city yet in person.