Opinion on Western 'Burbs of Indy? (Avon, Brownsburg, Plainfield)

[Erin Carpenter]

Hi Everyone!

I'm new to RE investing and learning every day (thanks everyone for sharing your insight and knowledge). I've heard/read a lot of people saying to buy the best property you can manage to buy (in the nicest area), to get higher-quality tenants and greater appreciation over time.

With that in mind, I'm curious people's opinion of doing a BRRR strategy in the western 'burbs' of Indianapolis. Specifically Avon, Brownsburg, and Plainfield. Looks like these areas have great school systems and occasionally small, older SFHs come on the market at $100-125K. Those would be the ones I would love to target and buy with cash, fix up, and then rent.

Good idea? Bad idea? Anyone familiar with the rents in these areas?

@Ross Denman I would love your opinion as well!