I have a 4 unit, that I want to make a "smart home" as far as utilities go.  

In general it's a great strategy for individually titled lots and utilities being billed to the renters making this possible.

(If you are not an agent yourself.)Also, utilize real estate websites to locate deals in your target areas.

Do you think these areas if Indy have sustainability?

But the real estate market has improved in most markets over the last 6 years, so banks and mortgage lenders are tending to utilize short sales and allow foreclosures to proceed instead of making concessions on behalf of delinquent homeowners.

A few thoughts: -Make sure your tenant understands that she needs to utilize the police if she feels threatened or feels that she has been assaulted.

I can potentially rent it for $1,000/mo (no utilities included) minus $600 (PITI), which gives me a net monthly income of about $300.

Is this something I could utilize now.

My advice would be listen to the podcast they are a wealth of knowledge and can often be utilized while doing something else (like my actual 9-5).

Tenants pay all their own utilities.