@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.

Get wifi.Either find a central location or next to an attraction- lake, hiking path, bike path, etc.You know how people have RV parks. 

All my homes come with appliances especially in that price range to attract first time home buyers.

Check with the local police dept to see how bad crime is in area as you don't want a place that will not attract quality tenants.

I believe providing a quality rental that someone would be happy to live in not only attracts quality tenants but also makes it that such tenants will be more likely to keep my unit intact versus one that is already "damaged".I know there are lots of horror stories out there with tenants that will tear up your property.

Hay Marc, yes blunt is good we did just reduce the price. so hopefully that will attract new interest. 

I think investing in CA has not been attractive for a long time for many reasons! 

To me was the more attractive option with 3.5% down and lower rate.

The thing I like about the homes are that they are new builds and that is attractive to me, but I fully understand your point about the general area and appreciate it.