I have a guy looking to sell a few of his Broad Ripple properties that he bought over 10 years ago that are still cash flowing and have great renters, but he would sell them if someone really wanted to give him what the homes are actually worth....problem is, they don't really hit the 1% rule and are not "deals" like most investors want. 

BP posts have tendency to be too broad and include high, but prudent, leverage in with other reckless leverage strategies.

"Deals" is a very broad word. - Fix and flips?

Outside of that - your question is super broad. 

Fire codes are usually pretty broad so it's a good starting point.

This is very broad, and has many exceptions, but if you can find a great deal in this area, then you’re in a great location.

As far as personal real estate goals, I want to open my own LLC (Which in just the LLC I have a lot to learn) and have a broad portfolio with a few rental properties (commercial and resident) and produce some really great real estate deals.

If you are looking to buy 50K houses, that doesn't exist in your state, but those investments tend to be risky and best suited for experienced, local operators.Hi Brian,I wouldn't necessarily agree that due to a population decline in a state or city that's it's not a good investment.The micro economics paint a different picture than what can be found out online via research.There are areas in my market that are booming with sales and rentals flying of the shelf even tho the broad market is showing a decline in population.I think that majority of the markets in the Midwest are showing a decline on population anyway lolSomething that I have preached to investors for years now is that finding the right team to work with is more important than focusing on just the online stats/demographics.You are correct tho regarding turnkey outfits.Most are very shady and do oversell properties.Something that isn't a deal breaker as long as the property management is solid.In most cases it isn't so that kills the deal completely.Just my opinion.Thanks 

Once rented I would get a Broad Landlords Policy.

As mentioned above, take a look at other properties that are similar and determine what they charge in high season vs low season, weekends vs weekdays, holidays, etc to give you a broad idea of the going rate for nightly rent.