@Louise Alexander, @Bijoy Shah, @Kevin Wyn, @Ross Denman, I'll be visiting Indianapolis on a weekend soon and would love a chance to network with some locals there. 

I believe its in a really good area to vacation since I visit here for fun.

Thanks everyone, I love this website!!

My criteria for buying are at least a 10% CoC return, and $100/month or more in net cash flow PER door (hopefully closer to $200/door).List Price:  $179,900Down Payment:  $44,975  (25% down, assuming I buy at list price)Repair Estimate:  $5,000Closing Costs:  $2,500TOTAL CASH IN:  $52,475Loan Amount:  $134,925Loan Terms:  5.25% fixed rate, 30-year mortgageMonthly P&I:  $745Monthly Rents:  $2,000 ($1,000 per side)Vacancy Loss:  $100/month (I estimate 5 - 8% on multi-family properties, depending on how popular the area is).TOTAL MONTHLY INCOME:  $1,900 ($2,000 - $100 in vacancy)Taxes:  $154/month (you can usually find the actual tax amount paid for the previous year on your city's website)Insurance:  $100/month (ask other investors in your area what they pay, or for recommended agents who can give you quotes)Water/Trash:  $80/month (this is typically paid by the landlord in my area)Sewer:  $50/month (also typically paid by the landlord in my area)Lawn/Exterior Maintenance:  $75/month (my property management company offers this service)Maintenance:  $100/month (people budget anywhere from 2 - 10% for this... if it's a well updated and maintained property in an area that attract responsible tenants, I budget on the low side)Property Management:  $100/month (usually 8 - 10%, but you can find PM companies that do it for less... just make sure they're good at what they do!).

I've recently put together a website for this and would appreciate any feedback on the content or flow!

Glad you joined the best real estate investing website!

Kunversion incorporates your MLS, your website, your company email, docs, mailings, prompts to call, CRM, etc etc. 

Then I think I’m going to add one for bookkeeping/accounting and then one for website, SEO, social media. 

Another option,  if you have a website is a 3rd party credit card processor.

Here's a link to the CalFHA website that explains more. http://www.calhfa.ca.gov/homebuyer/programs/mcc.htm