I'll formulate some questions after I check the property out tonight and be in touch.Thanks again

Also, if done correctly and strategically, buying at a discount, rehabbing, renting, refinancing, and repeating, would allow me to build a healthy portfolio, generate a little cash flow, build equity over time, maybe 1031 exchange (defer taxes) some of the smaller properties for a larger multifamily property that cash flows more, and builds more long term equity. 

Indy is a good place to for REI, done strategically.

I’ve found the information on this site extremely useful as I need help formulating a strategy.

You are trying to identify and utilize hussles, your network, and specialized knowledge to your strategic advantage to add value to the transaction, earn your discount, and beat out your competition ... this is a theme that I find repeats itself often in investments and life.

Just in the process of formulating exactly what I should be shooting for?

Buying for cashflow and adding value with strategic improvements to the property, rent increases, etc. has been our focus. 

My intention is to only sell for strategic (after tax return increase) or catastrophic (unplanned) reasons.

Also, consider the location within the resort -is the home strategically near the clubhouse, or does it have a great forest or lakefront view?

@Zachary FoustWould you be interested in getting together with other Delaware investors so that we can all chat, strategize and talk about or experiences so far?