I know it's supposedly going to be capped at 500k but at the rate appreciation is accelerating, how many people will that even benefit? 

This is our first Investment property. 9.5% Cap rate14% Cash on cash return while paying property managementNOI: $1,710 Including ManagementThese are the projected amounts based on a $600 a month rent.

BP is featuring a series of "Meet the Investor" and the next 12 episodes are all investors from Indianapolis.  

Not the $100k/door ones that rent for $1000/unit (or this $300k/door that might rent for $1600/unit)Honestly at these prices I’d likely recommend (if someone asked me) to buy a 5 CAP NNN Walgreens somewhere and collect mailbox money and be done. 

I agree with Peter's sentiment, but maintenance/cap ex at 10% on a $1600/month SFH is way too low ($160/month). 

NOI/CAP rates are definitely exciting to play around with to work the deal.

The impact on the cash flow is minor and we have no risk of refinancing issues.7: This only works this well in our super low interest rate environment and the appraisal meeting these specs (5-5.5 Cap)8: The funds are returned as a LOAN not income- and if we do it right- the investor rolls into the next one.9: Note- our model is a 30/70  We get 30% of the project putting it all together- the other 70% is what is invested.  

Expected monthly repairs and budgeted cap ex were lower, due to the repairs completed immediately after purchase.Post refinance, the mortgage payment increased from getting a larger loan, decreasing the monthly expected cash flow to approximately $200.In the 16 months of owning, the property was rented out for 11 months.

I also like the feature through Zillow where a renter can apply to multiple properties for one cost..which to me seems like a fair thing to offer renters when they are eventually paying for other people (hopefully my) mortgage plus some.

Most of these 1% houses are in our Class B and Class C areas, and Indiana property taxes are pretty low for out of state investors by comparison to other markets, capping off at 2% for out of state investors.