Some owners may misunderstand and choose to replace the pipes on their own, saving the EPA some time and money.These pipes were installed over 100 years.

Here’s how I’d approach it:For the 9.5% Loan: Refinancing into a DSCR loan makes sense to lock in a lower fixed rate, especially if your goal is stability and better cash flow.For the 7.25% Loan: If the local bank's investment HELOC offers a competitive rate, consider it for flexibility.

They were adamant about understanding my goals and situation to ensure I was matched with a property that made sense for me personally.

Use private money lenders and choose a conservative market.

There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.  

what are some of your investment goals?  

The goal is to expand my network with likeminded individuals in the same market.   

I have seen some long term friendships fall apart as a result and not sure that is anyone's end goal. 

I’m finally wanting to pull the trigger on getting another property, but this time the primary goal of turning the sfr into an Airbnb.

Also, fly out to visit the market, tour properties, and understand the local landscape before committing.Indianapolis offers a mix of opportunities for cash flow and appreciation, so defining your investment goals is key.