funding land flippers as a capital partner is my latest thing.. since finding lenders for land is very difficult. continue to fund small developers soft costs for % ownership.and continue to be capital partner for flippers and BRRR folks

There is more maintenance cost when they are small keeping the grass down.  

Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!

I will say, short term rentals require a bit more work, and if you are moving out of state, you may want to take a look into getting a property manager ( take that cost into account when running the numbers ).I hope that helps, reach out if you have any more questions. 

Check out FilePlace, where user-created forms are available for free.

Feel free to share more about what you’re working on—I’d love to connect and collaborate.Wishing you a productive week ahead! 

Calgary is gorgeous, I try to get out there as much as possible when I'm free.

It's not good to burn bridges in this business, and we agents do a lot of free work that we never get paid for.

What else could that 30, 40, 50k+ downpayment/rehab cost etc do for you if it wasn't tied up in the property? 

It was free so worse came to worse I would break even How did you find this deal and how did you negotiate it?