Given how many gurus are marketing and pushing consumers to get into Airbnb arbitrage it has created a massive amount of saturation across many markets.

Then compare current market value to what it would go for today with an added legal apartment.

I am looking to connect with local investors, experts or any like minded people from Regina or maybe from Saskatoon as well.

It is tough finding off market houses to flip so I hope you find something. 

Why do you chose your strategy for the Indy area market?

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

I’ve seen folks inquire a lot about “cost” be exorbitant but it’s not for the world to set the payroll of the persons assistance they are requesting of.On another note, with that good of an LTV and DSCR - if credit is in good shape you should be in the low 7’s todays market.

I would also suggest looking into meetups/join facebook groups to connect with local investors. 

My advice, don't go for a homerun, a base hit is just fine.. buy something solid and get educated about your market.Its sounds like you are spreading yourself a little thin with all those markets to study. 

We have seen this first hand in the Chicago market as well.