You can make this election at the same time you file your taxes by filing Form 1120S, attaching Form 2533 and submitting along with your personal tax return

There are some large FB groups for Indy and the suburbs, I would check them out and they will lead you to the in person REIA

I don't personally invest there but I know folks who do.spend some time there, go to REIA meetings, meet people, do non-Internet things.

House hacking will also give you some personal "property management" experience.

I imagine this level of personal capital exposure has an effect on how much risk they are willing to take in a deal, both with the asset itself and the structuring of the transaction.

I personally wouldn't put 75% down on a property.

Nothing beats boots on the ground and personal experience. 

House hacking will also give you some personal "property management" experience.

The ability to envision the transformation of the oversized garage into livable space added significant value to the property.Financing: Using a 10% second home loan is a smart way to finance a property that you plan to use partially for personal enjoyment and partially for investment purposes.

I also like the Tri-Taylor neighborhood personally, although I think the neighborhood is already gentrified.