I am actively looking to expand throughout the Caribbean. 

However, these activities should not cause concern for them.

Since Joe is not a registered lender, Joe is not held to the same standards as a lender and the sale could be a wreckless and poor activity by the bank putting Bob in that situation.

Fastest way to learn is by networking with people who are actively doing what you want to be doing in the future 

And any investor that is spending more time trying to figure out whether this "strategy" works or not as opposed to focusing on revenue-generating activities, really needs to look at their priorities. 

.- Get a list of active properties in a zipcode with filters (number of bedrooms, bathrooms, price etc)

Greenfield is a growing area, and being in a golf course neighborhood across two lots adds a ton of value to your options.I’d recommend starting by connecting with local investor groups or meetups in Indianapolis—Facebook groups or here on BiggerPockets are solid places to find people actively working in that market.

I know it may seem from everyone's eyes that I may be jumping the gun and going in blind, which is fair I have no experience in real estate or STR but I do have experience in business and have had a successful business when I was active in the market I worked in. 

For example, if you are an active investor you can still find deals but they may not have quite as high of returns as we had become accustomed to in the previous years on average.

Our clients are very active in buying pre-foreclosures.