Hey BP,I am currently in Graduate School at Purdue, and have been focused on the greater Indianapolis Market. 

If it were me I'd first check floodzone, then google street view, then do a quick analysis with best case scenario off the top of your head rental estimate, then full pull the comps rental estimate, then crime and school maps. 

I graduated from college in May of 2019 and was fortunate enough to land a relatively "lucrative" W-2 job as a equipment operator at the local nuclear power plant.

I'm working on a MF deal located near Chancellor Square and Winchester Rd NW but have some concerns related to school quality, crime/drug activity, average income, tenant pool, etc.

For an FHA they will consider schooling "work experience" so find a job related to what you went to school for and this would qualify you. 

Some of the differences with SFR that make them less valuable than otherwise similar comps are location on a busy street, smaller lot, bad condition, structural defects, higher tax area, different school zones, different deed restrictions, access to main roads, rush hour traffic, obsolete or unpopular architectural style, inferior finishes, time since remodeling, age of roof, flooring, and others too numerous to mention.To get the discount to fit your formula, you’d probably need to find a house needing significantly more than $15k of work.

Hi All,I graduated university in 2017 and have been working in a big tech company for two and a half years.

I'm looking for a few ideas on a good market to make an investment into a multi-family home (2 to 4 units).Ideally, we'll be doing a BRRRR in a B/C neighborhood with an ARV of $250k or less.I plan on doing my own research, of course, but it would be helpful to start with a list a bit smaller than the United States : )Good population / job growth, 1% to 2% rent to price ratio, relatively good schools, etc.Thanks for helping me get started!

I currently am in graduate school at Purdue University and am an active duty Cryptologic Warfare Officer.I have been learning and had underwritten multiple deals to learn about commercial multi-family properties, and have had the opportunity to network with some syndication teams.

The best part about the property is that it’s in the best location in town (a half block from all 3 schools and smack in the middle of town).