Agree with Mike D'Arrigo,  Denver is a very different market with extremely challenging cash flow models from Indianapolis. 

Who Likes the Low Income / High Cashflow Business Model?

You would have to be ready to pay a price to work with them depending on their business model.

@Mike Pena It depends on your business model.  

That being said I would guess the business model and costs would be different.

If the location is excellent and city driven, is there a case that you will go over the 2X's price model?

I have also invested in Atlanta using my superannuation via a private company share model (likeminded friends) which has worked very well however I really didn't do much groundwork/research myself including making US based contacts.I am keen to purchase directly now and want to gain knowledge on firstly navigating the US legal and tax requirements, then how this interrelates with Australia's requirements particularly around minimising tax, from here I'd like to understand the ways in which to buy - foreclosure, wholesale, short sales etc., then locate ideal areas that suit my goals, build a network of agents, rehab contractors and accountants and legal advisors and the start doing deals.....firstly for myself and then hopefully for likeminded Australian based clients.There you have it, happy to chat with anyone at anytime, I will be in the States in Dec 2015 for a 7 week holiday and would like to use some of that time to help learn the landscape.CheersLayla

I am also very handy (like I said, an electrician) so your business model sounds very appealing to me, Rumen.

Best way to proceed is to check MLS daily, have your financial analysis/model ironed out and ready to plug in numbers once you see an actual property so you can make a quick decision, have a great realtor (like Mya Neubauer - you can find her through BP) ready to take you through available properties ASAP/preferably the day they're listed, have your financing lined up, and be ready to make an offer same day when you see a good one.Good luck!

I've basically followed the same model.