The capital isn't as cheap and the spreads aren't wide enough.

There's a lot of opportunity in our part of the state.Brandon Turner, values can vary widely in our corner of CT, which has everything from minimum wage casino workers to million-dollar homes in some affluent towns and particularly the seaside areas.

Which ones are competitive for a particular property can vary widely. 

For 1031 we need to rent it out for one year first at least, 4-5 months hold doesn't qualify for 1031, then just live there for two years are making more sense.If typical appreciation per month is 0.45% then it's $4k per monthI noticed from professional flips in the area, the ARV for 6 months hold could be as wide as 400-600k.There're a few homes in the area that I've seen they purchased a 2/1 for 500k, resell for 950k as  3/2 and converted garage to ADU.

But one fair housing complaint, botched contractor job, or prolonged eviction can quickly cost you far more that a property manager, so don't sugar coat it: Go in with your eyes wide open. 

While it attempts to define defective, it's pretty wide open.

I'm going to, as usual, agree with Shawn :-) Zip codes in Indy are to wide in variability to give any accurate analysis.If you could provide a rough cross street, would be helpful.

See below.Companies generally have a wide range of jobs.

If you have the ability to wholesale, flip, creative finance, list, etc then getting a wide variety of motivated sellers online is AMAZING!

I know one recommendation was to go to the local hospitals nearby and speak to their HR staff but that seems like too much work:)btw, I am targetting the NJ state but a platform that targets nation wide would be ok too.