Their title company has left a lot to be desired.

It's only one or two streets over from some less than desirable neighborhoods.With that said, don't let that deter your friend from checking out other opportunities in the Indy market.Disclaimer - this is not based off of numbers as much as experiences.Hope it helps.

Not move-in ready..If you want to know what's more unique to a big city, I would ask myself: where are the jobs?

When tenants can't get along I call a meeting at the property with both present and tell them to work it out.Last option is to send the least desirable tenant the required notice and then the new tenant gets no driveway.

My other reason for doing this is the desire to turn neglected properties into beautiful first homes for young families.

Every situation is unique and there is always more than one way to make money on a deal.

But this moment, right now, is utterly unique, and the talents you have right now and the types of opportunities which surround you in this moment are here for this moment only.

The demographics of Columbus and Austin are very similar on paper (capital, large university and lots of tech industry) BUT Columbus is no where near as affluent oand te downtown is just now becoming desirable so prices are lower.

I just don't want to waste money over-improving a rental house, which seems like a reasonable desire. 

I have scoured the Greenwood market but even the less desirable areas are going for $70k+, unless the home is borderline unrepairable.