The town of Speedway itself is difficult because of the price points, but it has a really good ROI. 

I spent time in the league and have since built my real estate portfolio and started a real estate agency and property management company servicing Indianapolis and its surrounding areas.

"@ Frank ChinIn this specific instance, it is undeniable that a house was built on that property more than 15 years ago simply based on Google Earth data, but you can see by the county assessor records that the house on the subject property was built in 1950 and then the property encroaching was built over the property line shortly thereafter, in 1951.@ Matt Devincenzo,From the info in your post, the land does not seem to have officially been taken by AP.

I built a portfolio of 250 units (80 Single family, 30 in multifamily, a commercial building, and 100 in mobile home parks) with a partner.

Already, it's pushed out-of-town investors to focus on student housing where GC has less of an impact.

or depending on budget, are you looking for more of town home?

Even if you have an excellent team built with plenty of trust, it's really difficult to do this without having lots of face time and rapport building. 

Hello I bought a property in Owens Cross Roads in September 2024. This is my out of state investing and I am in California. I have put the rental price below the market (as suggested by local real estate agents). I ha...

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

Again, expect higher prices than your initial targets.Smaller Cities: Don't completely overlook smaller cities or towns with strong local economies (e.g., a strong university or a growing industry).