Most conservative folks will fell comfortable at more than a year.  

What we feel comfortable with is purchasing a couple of properties each year pricing around 200K-300K.

It's definitely more difficult to manage a renovation or rental from a long distance, but it's easier than managing an expensive property that might sink you because it's way outside of your budget and/or comfort zone.  

I would just feel more comfortable for the sake of the tenant/buyer if there is a neutral third party mediating their funds. 

I've thought about the possibility of using hard money but not sure how comfortable I would be with it because of how high the interests are and points they wrap into the loan.

The problem is, we haven't received the leftover deposit yet (toilet seat + air filter for fridge costs should have been taken out), and she has a very short time from today in which to get it to us.

And I got an email saying "nothing more gross than toilet seat up...

The trip definately gave me confidence and i could say that i would be comfortable investing there if i see an opportunity.Anyways, as ive been coming across lots of horror stories and negative feedbacks lately about OOS experience throughout BP forum lately, i would love to hear about investors whos had success and positive experience in Indy as well.  

@Benjamin ShawHonestly at this point I have been looking at properties that need repairs that I know I can handle or upgrades that may JUST be outside of my comfort zone but I'm willing to do.

If you can are comfortable with the other documentation, and they can afford the rent based on their income, and you're comfortable with their credit worthiness, what's the problem?