It is tough finding off market houses to flip so I hope you find something. 

Why do you chose your strategy for the Indy area market?

Given how many gurus are marketing and pushing consumers to get into Airbnb arbitrage it has created a massive amount of saturation across many markets.

I’ve seen folks inquire a lot about “cost” be exorbitant but it’s not for the world to set the payroll of the persons assistance they are requesting of.On another note, with that good of an LTV and DSCR - if credit is in good shape you should be in the low 7’s todays market.

You could also maybe use a right to continue marketing clause where you can kick out the other buyer if they do not perform in a certain period of time when a stronger buyer shows up.No legal advice given.      

Got fed up with the property and listed it for sale under market value $180k. 

My tip is to focus on what adds the most value to the property and the market you’re targeting.No matter how thorough your initial budget, unexpected expenses are almost inevitable.

We have seen this first hand in the Chicago market as well.

I've also brokered several properties in Dayton and find some good off market deals there. 

@Rene Hosman the answer to your question will have a lot more to do with your goals and if the market aligns with them.