It’s great to see you doing your research and looking into strong markets like Indianapolis for your first investment property! 

While they were likely notified, they probably don't understand foreclosure law and lien priority. 

The answer is clear: allowing full renovations without mandating sprinklers results in a far safer building than one that undergoes only superficial updates.Furthermore, requiring sprinklers in more buildings will likely increase costs even further.

We have found places like USVI have their own standards that are common that may be very different than mainland.

With online platforms like Angie you can filter by their rating and reviews. 

Your lender likely is referring only to Fannie Mae guidelines.

We’re trying to secure coverage for our LLC to protect against situations like missed disclosures during a sale, professional negligence that may affect a future buyer, etc.

I’m based in Tampa and run Graystone Investment Group, focusing heavily on helping (out of state) investors find and manage properties here in Florida.Totally agree on the importance of understanding those short-term rental rules in Florida—each area can feel like its own little country with all the different regulations!

Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability.

Seems like I could possibly get a duplex with that kind of down payment.