I would just say the biggest red flag here is "anything sounding too good to be true" - whether thats a hard money interest rate well below market, or 100% "no skin in the game" financing, etc. - those are the biggest red flags here IMO

If you find the right team and learn the market it is a great way to invest. 

Sold for 155k, my investor plans on doing some light cosmetic updates to bring this back to life and get it on the market for rent asap.

Waiting too long may result in the applicant backing out, and thus, you would miss marketing to and approving other qualified tenants. 

The Midwest market is absolutely on fire right now!

Utilizing Kim's local market expertise, we quickly assessed the property's potential.

Currently, I am renting a place from a very good friend at below market rent in a very small town.

I am new to indianapolis market, looking to build my team and maily need good investor friendly agent right now. my goal is to buy here around 5 assets a year for rental, in the price for about up to 150K cash per property.Thanks in advance for the answers :)

Cleveland is a solid market, I also like a similar market of Dayton, OH which is 50 minutes outside of Columbus and has similar cash flow with more landlord friendly laws.

Therefore, I will need to raise rents significantly to get closer to the pro forma market rent rate.