@Jarrod WeaverI wasn't here early in the War on Terror but understand in 03 or 04 that most of Fort Hood was deployed, and that it was essentially a ghost town.

I think it is good in those circumstances where you know that most of the neighborhood is going to hit your criteria (war zones for examples where all of the houses need some love).

I told him don't do it those are mini ghettos but he just could not be convinced bought it any way rehabbed it all only to have it turn into exactly what I told him a mimi war zone.. ended up selling it and losing about 400k in cash on the deal.

If the agents are so confident that you might not even list it, then I think you should list it and get a bidding war ;-). 

Wars have been fought for land, never over a new car.

Being a contractor for over 20 years and having formal education in construction management (Bachelors and Masters) and being friends with and having hired numerous construction attorneys, i can assure you you will not get a cost plus contract with the government that pays you each week.

Indy is a great town for Buy and Holds just make sure you get into okay areas that can get good renters and not war zones.

I have watched my local real estate market closely the past few years, I am on sites like craigslist, zillow, and loopnet numerous times a week seeing what's on the market, what typical rents are, what different types of properties typically sell for. 

I have watched my local real estate market closely the past few years, I am on sites like craigslist, zillow, and loopnet numerous times a week seeing what's on the market, what typical rents are, what different types of properties typically sell for.Over those few years I have seen numerous different properties advertised online in my area for owner financing, so I know there are plenty of property owners/investors that are open to it.

I kid but it's a bit like storage wars and flip or flop all at once. :)