This is likely going to mean a distressed property meaning a larger rehab and potentially a forced appreciation of an additional bedroom adding an additional story, finishing the basement whatever that might be, but finding that potential is where your delta or margin is going to be between the cash invested and ARV is where the "low risk" is built in for my and my way of thinking.Additionally if you want low risk on the vacancy side of the equation leaning towards multiple units to spread that risk out is always a good play as well.I also think "variety of exit" or flexibility in an exit is another major component to "low risk".  

I have a family member that I could potentially do a JV with.

Hi,I've found a property in the Indy suburbs that has fire damage.I'm looking to invest in the property, and have mostly been chatting with general contractors to get an idea of the potential costs involved in restoring it. 

The rate on something like this would be a bit higher than a conventional 30 year mortgage but you'd have the benefit of potentially paying it off faster.Investors using a conventional loan have to put a minimum of 25% down on a property.

This would allow you to be clear and avoid any potential risk of housing discrimination.

However, as with most investments, you should also know that along with the potential rewards come potential drawbacks, where substantial mistakes could have serious financial complications for you.

Invaluable to hear different views early on to get a better understanding of the market.I am currently considering 2 approaches, potentially in parallel with a smaller 100% STR to learn the ins and outs of the market on a more professional setting.

New Bern is not the hot look and sprint into for deals, but an investor who has a desire for affordable housing, or wants to tailor towards an more aging population then New Bern can be a potential location to look into. 

Real estate has a lot more involved - loan paydown, potential tax advantages, time spent since it is quite a bit more "hands-on" than the stock market, repairs/maintenance etc.

So you already have a GREAT AGENT lined up and waiting to maximize your potential whether you’re buying or selling.