I wanted to know which area would be best for attracting tenants and I have heard about Johns Hopkins spending development dollars and wondered if that is something I should consider in making my decision ?

Bringing Airbnb to a building could make it more attractive to the right person, and in our experience, short-term renters have left our places in great condition.

@Tim Swierczek hi Tim, the 5% down conventional option sounds attractive, I’ll PM you on that.

End of day, what makes this attractive is having minimal complexity in the physical system for maximum benefit of scale. 

Anyway, what was attracted you to the deal?

Secondly you never want to have dead equity sitting in a property attracting unscrupulous lawsuits. 

As you mentioned with rapid expansion and a housing deficit (less housing i.e. more demand for self storage to stow their stuff), what type of client will you attract?

Additionally, do you all have recommendations on how I can position myself as an attractive prospect when approaching them to seek sponsorship?

@Rob Hayes - Cash is attractive in the seller's mind because it sounds fast and easy, because, well, it is.

Indy can be a great market for single family but most multifamily is in the old, rough areas of the city where you can't attract quality renters.