Tennessee’s no-state income tax policy can be a nice perk for long-term wealth building.Indianapolis Pros: Having real estate connections in Indy could give you a competitive advantage on deals, local market insights, and trusted contractors, which can be invaluable for a BRRRR strategy.Ultimately, your “competitive advantage” might be stronger where you already have boots on the ground. 

This is a very nice place that brings 15K-20K a month in the summer.  

U simply are not clued into the lending market and the way lenders look at risk thats why you think its a great deal but its only great to you.. most all of us lenders do FAR better than 10% on really nice first position loans with a fraction of the risk.. 

Mike,I thought you looked familiar, nice email :)You didn't get that job because of our Eastern European heritage and that HR rep forgot how to use the "Z" key :)Also, [email protected] takes FOREVER to spell out to people!

sounds interesting to partner with him as I don't live in the states and can't get a mortgage as I am not a citizen so would be nice to have someone that has knowledge of the US market and that already has a team in place.Any insight to this guy or even your opinions about this  would be much appreciated.

But since MTR became popular especially in Vegas we just went to our broker who placed the tenant for a lease fee and its worked great.. its a nice way to go this MTR.. 

Nice that your first property is a 6-unit.

Experienced lenders understand the numbers and would only rock with a nice spread, giving them room to recoup their funds.

nice work.. !!!

If you must have carpet, go with something neutral like you mentioned.Darker tans or something with a speckled pattern would be nice and hide stuff.