But Rob, someone is going to pay a grown adult's living costs whether it be the Tenant themselves (the only one responsible for their situation), the LL, or the govt. i.e. american citizens - it doesn't just disappear into thin air.

Observe the market, play it safe in these uncertain times and then strike when the iron is hot.

The average rents in Indy (and the midwest) are less than many other areas of the country...)that's why we have such a hot market, low rents = low purchase price). a 10% management fee in a market of 1500 - 2500 is a lot higher than 10% of a market with rents 500-1000.  

This is still up in the air for a lot of professions.

I pay for Water, Sewer, Heat & Hot Water - which is the standard in Orono/Old Town.Water - about $150 per quarter so $600 on the yearSewer - about $200 per quarter so $800 on the yearHeat - $4,900 for the past 12 months Like I mentioned, this place is in tough shape system-wise.

And most of those deals will be taken by investors so you what you are looking for is a diamond in the rough that needs work, which is a tall order in a hot home-selling area.What would be the price differential of finding a home that was in move-in shape for your family and would it be worth it to consider that above a perceived deal that will cause you to do rehab, which you don't have experience with, and cause stress when you already have a home you are in now.

It is a hot and strong market, however, it is very challenging to solid buy and holds/ turnkey key deals ( amazing for flippers and BRRRR) as I am aiming for 8% COC/ROI. 

What's the deal with the hot tub?

Some pockets are still very hot with low inventory, so really depends. 

Hi Ashleigh, West Haven is hot right now.