Hi Davis,I live in NC but invest primarily in Greenville SC / upstate with my business partners. 

Throughout my career, I have consistently conducted business with integrity, transparency, and the utmost professionalism.

**Reporting**: Businesses and financial institutions are required to report unclaimed funds to the Division of Unclaimed Funds after a certain period of inactivity, usually three to five years.2.

Part of the reason why the rehab was cost effective was because I have a long relationship with contractors, have experience, and I also give this contractor a lot of business.

Hey @Keagan Scott, so I don't have any insight into Gary, IN but here is a blurb -"Those looking to rent out their properties for less than 30 days (about 4 and a half weeks) will have to get a permit, pay a one-time $150 fee, and have a city business license.

We vend out mostly Ave none of our vendors want to use the vendor portal to communicate—they have their own business management systems and don’t need to bother using a new one just for us. 

If your state is an expensive one it might be cost prohibitive to have an LLC for a small rental business.

Yours appears to be a business-purpose (investment) loan.

I would be leveraging my relationship with my family member to wholesale the property for experience and getting them for investment in my real estate business while my family member gets rid of a property, hassle free, while getting paid.

I personally do not touch equity in my own home to incorporate into my business.