We started this in 2019 and plan to continue forever so we can look back and see our growth.

Go in person to the planning department and talk to them.

Our plan is to own $100 million worth of real estate by 2030 and become the premier property management business in all of Indiana.

Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal.

Sounds like a good plan, should have plenty of options available.I would be cognizant of any group you talk with on two areas, the location of the property including any potential concerns of it being 'rural', as well as the minimum purchase price and/or minimum loan amounts.

I bought an outdated condo, planning to do a cosmetic rehab later when I had more budget.I moved out of the condo in mid-2024 for a job, and by September, my tenant noticed mice droppings.

If you're planning to sell later, Ohio requires quite a bit of disclosure about property conditions.

The main criteria is consistency with adopted plans.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Or, plan on this being a nest egg builder and growing your equity, living in the home for 2 of the last 5 years and then selling with Section 121 exclusion.