rule, but this may not reflect the possible resale value of the property (awaiting comp numbers from agent currently).Option B:Property: $25000 estd.Full Rehab as CapEx: $80000 estd.Total Purchase Price: $25000CapEx (as part of operating costs): 80000 / xX = number of years of durability of each given CapEx itemI don't want to fool myself in this analysis that I can sell the property for more than I paid for it/put into it, I will await comps for that judgement.As extra food for though the probable rent will be in the range of $1200-1500 per month.Thanks in advance for your help!

Your kitchen needs plenty of counter space and generally enough room for notional “stations” (food prep, cooking, storage).

I am a food inspector working on a graveyard shift and looking to invest part time initially.

Just some food for thought...Good luck!

You can even get some free food and drinks at many of them! 

I use my bank credit card for gas, and my capital one card for groceries/food.

You never get a family "settled" there so if you're looking for the tenant that will last 3+ years (or hope to find that tenant) it's going to be a lot more challenging with the 1/1.Just food for thought.

Just food for thought.

Take what I say next with a grain of salt because the past is certainly no guarantee of future results, but after the Northridge quake in '94 in So Cal, FEMA (with the help of the SBA, I believe) offered low interest rate loans to property owners who had no earthquake insurance (almost nobody had EQ insurance then) to make required repairs.  

I've been to Indy a few times and have been looking at properties there for a few years, but I'm a novice and I haven't worked with a wholesaler, so take my advice with a grain of salt.