Make sure to study up on the rules and regulations that go along with it. 

For rules and regulations, are there any must have additional rules and regulations that you add into the form that you learned over the years?

There are too many rules and regulations that make it prohibitive to operate and make a profit.

But you can set that depending on how strict you want or should be.

Also renter's insurance will not cover damage such as this, it is strictly for their (tenant's) personal belongings or liability which is the main reason landlords require it.Water backup coverage can be added to a renters policy, but this is normally left off unless required.

I know the VA has some strict guidelines about the condition of the property they loan on. 

Jerry,Are you looking strictly for turnkey operator and have you found any TK provider worthy of sharing with investors looking into Indy?

Im curious, if you had 100k cash to play with in strictly real estate investing would you use in on one property with 10+ units or spread it out over multiple properties for 10+ units. 

I started investing in Pocatello, Idaho Falls and Mountain Home Idaho strictly for the better deals on income properties. 

Or maybe you use Hard Money to purchase and some of the renovation and then refinance to conventional and you are able to create all of the equity in the home and keep all of your cash.One other important point, is this owner occupied or strictly investment?