Depends on markets of course, so if you are a HCOL area with high list prices, this may be out of reach even with 100k+ to put down (while you can get away with less, this may create a problem with too high of a PMI and overall mortgage payment). 

Hi everyone,I'm exploring the possibility of investing in the Indianapolis area.I was thinking of focusing more on the Bates Hendricks / Fountain Square area, and I noticed that most of the houses in the area are quite old.What do you consider to be "too old" of a house in this market?

The "word on the street" is that the owner may be looking to sell off market to an investor, and it is currently not listed on the MLS. 

Your $1,200 ask may be fair for your market and property, especially if supported by comps, but they might not approve it if the tenant cannot afford it.

BRRRR strategy is still a great strategy in many markets.

It's always better to stick with markets you know!

Your goal should be to have performance cap rates at 7-8% on something with a market cap of 5-6%, which gives you a healthy 200 basis point spread from the going market rate. 

You can analyze it all you want, but until you get it on the market, you don't know what the market will dictate.

Most wholesalers who have 20 contracts at a time are spending a lot on marketing in order to secure so many deals.

What type of work is typically recommended for an older (mid 90's) single wide mobile home roof that is not leaking but that is very old looking?