Go to the master
Select the second level text and make it no bullets and the same size as
level one.
HOLD DOWN ctrl and move the upper grey caret of level two on the ruler to
line up with the lower caret of level one.
When you add sentence two in normal view start with a tab.

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> I'm trying to make the second sentence under my bullet to line up, or indent,
> with the first line. This would be called "hanging" indention using
> Microsoft Word.