Document your process and the reasons for your choices to further protect yourself.

So, talking to as many people to get their insight is helping me narrow down my choices. 

Keep consulting with professionals to make the best choices for your business.Good luck with your investments, and feel free to reach out if you have more questions or need further advice!

This post is old but I have known services that help section 8 (now known as Housing Choice Voucher program) tenants and match them with landlords.Some Real Estate agents may be able to help as well.

Those would be my choices if I exit Indianapolis. 

Unfortunately there is no magic template that works everywhere and we often let the market drive choices as that is what will put $$ back in our pocket.

Being in a price point that typically caters to moderate earners, so affordable to their incomes, but also having a tenant base that is more likely a renter by necessity than choice (or the non-PC way of saying it: a tenant that can afford your rent without struggling, but can't afford to save up to buy a house).3.

do NOT take a long PPP right now unless you have no choice. will be VERY expensive in the future when you are stuck in a higher then market rate. 

If I had a choice I would definitely pick the new construction.

Richmond, VA is a great choice for real estate investors due to its diverse economy, affordable property prices, and rental demand from universities and young professionals.