My goal was simply to break even in terms of cash-flow, to facilitate a profitable sale in 10 years time (recoup equity).How did you find this deal and how did you negotiate it?

However, once these expenses are accounted for, specifically with 2-4 unit multi-families, Fort Myers and the surrounding area can frequently offer deals with 8-10% ROI.Of the major cities you've listed, Fort Myers has a ton to offer in terms of current potential, as well as a huge likelihood for future appreciation.

Next is financial feasibility.Once you determine there is demand and the numbers make sense you look at the land itself in terms of shape, topography, proximity to utilities, access to amenities and the local environment for development including the process and timeline with the city and county and public appetite and desire and or opposition.

Now in terms of finding "good deals" now, you just need to know how to look at the market.

There are a lot of options out there in terms of property management software.

Investments must be entirely at arm's length and should be passive in terms of the income they produce. 

In terms of points almost every hard lender has them and they vary from borrower to borrower and project to project.

At the end of the day all the decisions are yours to make.Managing rental properties is tough, it’s time-consuming, and often comes at a considerable cost in terms of stress and heartache.

As I get more details, I can see where this falls into in terms of being closer to 40% or 60% in expenses. 

I know Indy is a good “cross road” for a lot of states surrounding it, and I think it would be more booming in terms of populatiion and employment in the near future.What do you think about the market in general?