The property is a single family located in the East of Irvington, Indianapolis.

Primary Focus3bd 2 bth single family homes that are destressed, renovate, then rent to section 8 tenants. 

Hearing from many testimonials by talking to real Padsplit owners in person, it seems to be a true cashflow machine coming from a single family residence.

While I do think most Realtors (single family listing/buyers agents) are a dime a dozen, in the commercial world I think you get what you pay for, more often than not.

If you move into a property acquired through a 1031 exchange and make it your primary residence, you may qualify for the capital gains exclusion under Section 121 (up to $250K single/$500K married) if you live in the property for at least two of the last five years before selling.However, gains attributable to the time it was a rental property remain taxable (non-qualified use), and depreciation claimed during the rental period must be recaptured at a 25% tax rate.

Lastly, have you tried running the #s to look at long-term appreciation on a unit like this vs. a Single-family or Multi-family property?

They mentioned he is single and quiet which is ideal for a landlord haha.

I have a single family home with 130k equity renting steady as a medium term furnished rental cash flowing an honest $900/mo. 

I am looking to invest in single/duplex/triplex/qudraplex rental property. 

Hi,I’m a single-family real estate investor with a few rental properties under my belt.