Indianapolis and surrounding areas often offer strong rental demand and reasonable property prices, so you’re definitely looking in the right place.For neighborhoods in Indianapolis, I’d suggest checking out areas like Fountain Square, Bates-Hendricks, and Irvington.

I think the unsuccessful and struggling units who have not jumped ship yet will continue to do so, leading to less supply, increasing demand, and a better year for the successful units. 

@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton

Alec,The free services go a long way to giving you a pretty good idea for what a property’s demand will be.

You certainly can ask the seller to make the units vacant before closing.

Do you include a website on the mailer, or just a phone number for the seller to call?

Spoke with the seller a few month prior to contracting.

Heating costs and interest rates dont help the numbers but demand is high and resale numbers have been impressive

I have gotten a seller's credit for my 3 existing units but to be conservative, I will assume I am paying full closing costs here.At the moment, I have ~$25k in a HYSA and expect to save another $10k from my W-2 before I start putting offers in.

With its lower price points and strong rental demand, it’s becoming a favorite among BRRRR investors.