Check out Meetup.com or local Facebook groups to find like-minded individuals, you never know who you'll meet, or who they'll connect you to!

My friend recently told me of this scenario where the person I lease to would perhaps then double book individuals and keep deposits. 

They're a conduit lender, so they require more documentation than a mortgage fund or private individual would request. 

Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.

But you would have to calculate the individual debt services to see if the debt is cheaper or more expensive.

So risk reward and they all closed in time so the builder did not have his bank foreclosing on them.

I can't comment on the Indianapolis market but I am always weary of individuals jumping into flipping houses as their first exposure to real estate.

My perceived risk at the time whether, right, wrong, or indifferent, the reward for me just wasn’t there.

When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

That will be up to the facts of your individual case.