You should check out BP podcast 140 with Bill Syrios, tons of great info and food for though if you're considering the student market!

Hopefully, the tenants in your crashpad will "self-police" and keep the place running smoothly (disposing of old food in the fridge, replacing the toilet paper roll, turning out the lights, and so on), but you're asking a lot with different personalities, levels of maturity, etc.

Schools aren't as important, since these aren't usually catering to families with school age children, but gangs, drugs, murders, assaults, break-ins, etc. will ensure that you get amazing less than stellar tenants and all the complications that come along with that.Best areas to consider in my opinion for multi's would be near Broad Ripple off of College Ave, but don't expect to find a deal.

That's assuming you are catering to vacationers and not refinery workers like our friend Paul does

There is also other websites like www.furnishedfinder.com  and www.nursesbnb.com that are just similar to Airbnb but cater to travelling healthcare providers (nurses, medical assistants,locums,radiology techs).

****Frugal - goes to an all you can eat buffet.Cheap - tries to smuggle out food in tupperware containers.

Fresh paintOne of the biggest problem with downriver is the local food scene sucks. 

Aloha @Christina Pribilla, You are correct, REI MasterMind (Honolulu) caters to experienced investors. 

People don’t sue people that qualify for food stamps.

I am also not easy on realtors we usually do a nightime brokers only open house that I have good food, wine and cocktails.