Well it is 90 miles almost straight north of Indianapolis, and 45 miles south west of Ft.

What prompted me to start this question is a local investor here in Indianapolis, IN sold some houses to an out of state group of investors, they were brought to town by a GURU and the deals pale by comparison to what I have to offer.So, instead of re-creating the wheel, I thought that if someone here in Bigger Pockets, the most "vetted" investor web site available, had a good experience, then it could be a good fit.

Indianapolis, IN, and the Midwest in general, is another great market I would look into.

Better yet, have a pro inspector go over it.Also, don't think of the trip as a waste of time and money, but an investment in your education.

They ARE holding a "shadow inventory" at least in Indianapolis but will not flood the market if at all possible.

Possibly expensive things like AC/heat, electrical, plumbing, foundation, termite damage, mold, etc.Why not inspect it with a contractor or inspector?

I don´t know the propertie personally, only from photos and a video from a home inspector (cost me $650 bucks) in November.

Since I already have standardized contracts and forms from my lawyer, the only expense I accrue in setting up a L/O Sandwich (no "t" in sandwich by the way) is the marketing to advertise Rent to Own and paying a certified property inspector to do a once over on the house.

Although its a great market right now, I don't want to put all my eggs in the same basket, and would like to diversify my very small portfolio to date :-) Been looking at the Indianapolis, Ohio, Texas, Missouri, Atlanta, and Las Vegas areas over the past week or so.

I have advised others, and would think that this should be your very first stop, to see the county/city building inspector and verify and code violations recorded against this property.