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?

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

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

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

Quote from @Corinne Snyder:Hi Michael, my CPA will not allow me to claim myself as a real estate professional with my one rental single-family home rental property because I do not spend enough hours per year running it, therefore he won't allow any overhead expenses to be claimed; only expenses related to the property directly.  

Hi There - We have had several clients make the numbers work here in Chicago typically with either FHA 203k and home style renovation loans.I continue to remind everyone that a single or walk right now will be a double, triple, or even a home run down the road. 

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

It is a 3BR, 2BA single family home with attached garage and full basement with potential for at least 1 BR to be added downstairs.

Look, I think of it this simple, I don't know a single established millionaire who does the "standard" consumer debt thing.

Purchase price: $170,000 Cash invested: $40,000 Converted a single family home into a short term rental What made you interested in investing in this type of deal?