The market is getting expensive and I’m worried it might be more difficult after I finally get current on my loan. 

They generally have large portfolios allowing for in house maintenance and management staff along with a point person who is communicating with the local housing authority on a regular basis and has the ability to streamline operations. 

If you are going to self-manage, check out the RPOA for support and information on local and state-wide issues affecting landlords. 

Indy is up on average 3.7% YoY in median sales price.Inventory on the market has been steadily rising.

However, I'm unsure if I'm suited for the short-term rental market.

I'm not interested in secondary market loans as they're a totally different animal.

What creative features or designs have you seen that made a property pop in this competitive market?

You would need to choose between what is more important.... owning the listing or owning a STR that is dominating the market it's located in, by maximizing the tools available to manage the property.

Clark-Fulton seems to be a very profitable market.

However, the outline below is fairly standard across most business plans.Executive Summary (Objective, mission, keys to success, etc.)Company Summary (Goals, operations, ownership & personnel experience, etc.)Market Analysis & Strategy (Approach for finding deals, investment strategy, etc.)Financial Plan (Startup costs, leverage, reserves, etc.)Exit Strategy (Timeline or milestones for exiting or refinancing investments)