For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation rental. 

I am trying to get my 2nd rental property some time this year in the same market (open to a different market in the midwest if no deals appear in the Indianapolis market).

I have long wanted to hold rental properties as retirement assets and to supplement my income from my full time job.

I have long wanted to hold rental properties as retirement assets and to supplement my income from my full time job.

Generally speaking an investor collects rental income and signs a lease with a tenant whereas a flipper or developer shows "inventory held for sale" on their books and gets all of their economics derived from a SALE.

I'm not sure if you're house hacking, but commonly suggested marketing sites for long term rentals are zillow, apartments.com, and Facebook.If you're interested in doing short term rentals Airbnb, VRBO, Booking.com, and Furnished Finder.I hope this helps!

The house I'm buying will be used as a long term rental.

You minimize your risk of being over leveraged, and barely making ends meet with the rental income. 

It's really hard to get insurance under the land trust for rental properties in California.

Also noticed on the same street where I'm about to get a new build have rentals that's been sitting there for a while.My questions are:-are the price cuts in CS area and longer time on market for rent a sign that this is not the market for me to get into?