I accept that I won’t have every detail figured out, but I know for sure that doing nothing leads to zero progress.

Like other cities Indy doesn't have progressive zoning and permitting laws.

Consistent with our strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico and Texas.

Every day my team and I are making massive progress in REI and I already have the freedom to travel back and forth anytime I want.  

I would be shocked if you evaluated this property honestly if it would be a high choice for a rental. 

I'll keep you posted with my progress.

When I was evaluating this purchase there was a duplex across the street for sale (about $600k).

I am looking for guidance and tips on what metrics to evaluate when offering and negotiating a purchase. 

Quote from @Shivani Kumar: Quote from @Patrick Roberts: For Conventional, there are two basic ways that income is evaluated - properties being placed into service (such as a new property being purchased), and properties already in service.

I’ll definitely keep this in mind as I evaluate my options moving forward.