You definitely raise a bunch of points that make a lot of sense.

Hi @Sunny Chen,Indiana is a great market for steady cash flow, but if you’re looking for stronger appreciation and diversification, exploring out-of-state options makes sense.

I've got the common sense items such as clean the lint trap, report leaks ect.

@Thomas Sheehanonly you can decide what makes sense for you financially, but I would not put $200-250K into a property to generate minimal cash flow. i look to minimize my outlays when I purchase.

Just depends on your risk tolerance with the fixed or variable rate preference and which makes more sense for cash flow. 

However, if you analyze what we have vs. what other states have there are numerous reasons why we are a great state to invest in.I hope all of that makes sense but feel free to ask anything additional. 

Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.

Makes total sense.

I'd like some input on wrapping my head around a potential first house and if this sort of deal/rent makes sense.

Hi Tom, I would reconsider taking out a full two hundred thousand dollars for a HELOC unless the numbers make sense in terms of possibly making that money back and paying off the loan.