Your argument of no jobs and low pay doesn't seem to be founded in anything other than your perception from an occasional visit and maybe what your friends/family are telling you...please let me know if I'm mistaken.I'm curious what is so compelling about Columbus or Indy that makes you think that these cities are poised to appreciate significantly faster than Louisville and would make for better buy and hold purchases?

On average, and this is just my perception as a Spanish national having worked all over Europe, Spaniards' command of English is poor.It is true younger generations are much more capable, but we are still well behind when compared to the Nordics, Netherlands, etc. 

Just comes down to having the right data and the right inputs.There is little doubt in my mind a sophisticated model like a neural network with the right inputs would crush Zillow's price estimate. 

I was able to purchase 2 properties this year in those areas and see a lot of value there.As well as being a real estate investor, I am A licensed mortgage associate that specializes in assisting real estate investors with financing so I like to think that I have a unique perception of the real estate investing industry, especially in the Atlantic provinces as that is where I choose to invest myself. 

As a frequent renter of vacation rentals, my perception is that VRBO offers a more polished experience for the renter.

Definitely possible to BRRR multifamily - it's what sophisticated investors in MF do!

You and your tenant will both need to abide by it.Sounds like you may need a property manager who can do a more sophisticated screening next time.

As of a few years ago it was making sense for sophisticated investors to buy class b not class c mfh apartments because the price per Sf was not much different and you get a much better asset.

Also even when Josh was here he moved things towards the newbies and so many of the more sophisticated got tired of the same questions and have stopped contributing. 

Again, talking about it would quash these false beliefs and help improve perceptions.