I am disappointed with such slow financial growth, and really want to get out of software and do full-time real estate investing.

I really want to keep investment money moving towards growth. 

Professional investors look for markets with strong underlying trends, especially population growth, job growth, and income growth.  

., possible suburbs of Indy that could emerge/see tremendous growth in the coming years include: Plainfield, Franklin, and Avon

With that said...we have certainly written some big checks to pay for some expensive lessons along the way :) Congratulations on the growth and "luck" along the way.

The market fundamentals seem ok, population and job growth is slow but positive. 

Overview: Asking Price: $120,000 Monthly Income: $1,600 Purchase Price: $110,000 Monthly Expenses: $1,216.55 Closing Costs: $3,000 Monthly CashFlow: $383.45 Total Project Cost: $133,000 Pro Forma Cap Rate: 6.63% After Repair Value: $150,000 NOI: $9,952 Total Cash Needed: $45,880 Down Payment: $22,000 (20%) Cash On Cash ROI: 10.03% Loan Amount: $88,000 (80%) Purchase Cap Rate: 9.05% Loan Points: $880 (1pt) Loan Fees: 0 Debt Coverage Ratio: 1.86 Amortized Over: 30 Years Loan Interest Rate: 4.50% Monthly P&I: $445.88 Expenses: Monthly Insurance: $60 Total Cash Needed: $45,880 Vacancy: $128 (8%) CapEx: $288 (18%) Annual Income Growth: 2% P&I: 445.88 Annual PV Growth: 2% Repairs: $128 (8%) Annual Expenses Growth: 2% Property Taxes: $166.67 Sales Expenses: 10%Thank you in advance.

Yes, the appreciation, although I did not want to mention it since it is pure speculation, but yes, the area seems to be going up steadily, with a projected growth 6.2% next year, and seems to have been that way for a while (including the bounce back time or course).

You can get good cash flow and high COC returns in several markets but when you overlay economic and demographic fundamentals like job and population growth, personally I think Indianapolis and Kansas City are the two best.

My personal belief is we have more growth yet to be seen before we see a downward shift.