While I am working on a marketing campaign for off market deals, I saw a home go on the market a block from my house and I could tell the home was vacant.

Our tenants enjoy included utilities and internet for simplicity for shorter leases, and easy access to all the city's main attractions and travel corridors being only 4 blocks from interstate access, and less than 10 minutes from downtown.

As someone who lives in Indy and invests here, Fountain Square(actual Fountain Square) and Broadripple are pretty pricey now especially duplexes in A blocks of these neighborhoods unless you are willing to do an extensive rehab . 

I didn’t think this would be so difficult.Property #1Huge at over 5,000+ sq ft, 2-Family, 2 block walk to the town shopping district, 10-minute walk to the park.

The closest sold in rental comps to this home are no closer than three blocks away.

This is where knowing your market comes in handy - why fix up a property if no one is renting on the block and most properties are covered in board ups?

In many northern parts of the prairies there is significant depopulation and aggregation of farmland into larger blocks, or leasing opportunities with larger operators looking to increase their acreage.

Those areas cash flow well and certain blocks will give you minor appreciation.

Thank you @Israel Garavito - currently only 1 tenant (out of 20) are on behind on rent (and that too by 1 month). they have open parking spots, individually assigned to each unit (no extra charge) and few open parking spots. on comparable, there is an another apt complex, a block away, but has studios, 1 bd, 2 bd apartments only. they have many sizes, the largest being 1200 sq ft. currently go at $1300-$1700 for their largest 2 Bd. it is surely newer, with higher amenities build into it. from what i can understand, they are under performing due to COVID and running promotions to fill up their apt. of course most of this info, is based on the seller sharing verbally. i did not review the rent roll, 2 yr returns yet.

Also, the building stock here is incredible, and you can easily find 2-4 units or if you want to jump to small apartment buildings there are blocks and blocks of 6-12 unit properties all over the place.