Unless you have a rapidly increasing income, I wouldn't.

Odds are you are negative equity and will rent at a low ROI, but Indianapolis is changing rapidly and many areas will be completely different in 18 months.

In order to correct the sag, you have to slowly and incrementally lift the the low points (usually in the middle).

Lending standards change rapidly when economic climate changes.

You'll find it hard pressed to find properties near/around downtown Pensacola that fit the 1% rule-of-thumb as prescribed on BBP; the downtown sector and nearby neighborhoods are expanding rapidly, and values with it.

There are great opportunities in every price range for multifamily investors in Columbus and even with the COVID-19 pandemic, construction on multifamily projects continues to move forward at a rapid pace.

Having MLS access for accurate up to date reseach. 2 Gaining rapid entry to properties for inspections. 3.

Areas of rapidly increasing property values can really do a number on your investment.

I'm confident we can cash flow enough money as is with little advertisement, but I'd like to make this more appealing to renters in a rapidly growing city (just crossed the 10k population mark) with new businesses and commercial food chains showing up in the next couple of years.

What you could do is pay them in increments so they do not pull their license.