@Ryan Larsen what @Nicholas L. states is pretty true.Being a PM is NOT a high-paying, often not even a well-paying job.If you're set on that strategy, start calling up local large apartment complexes and asking if they are hiring.

However, ensure you conduct thorough research on the Indiana market, including economic drivers, rental demand, and property management options.Consult with Professionals: Given the complexities of 1031 exchanges, out-of-state investing, and retirement planning, it might be beneficial to consult with a financial advisor, tax professional, and real estate expert who can provide personalized advice based on your specific situation.Retirement Income Planning: Consider how this investment aligns with your overall retirement income plan.

A modular can be built and placed in 1-3 months depending on the builder's queue and building complexity.

From my experience,  assignment contracts are generally poorly drafted and the underlying sales agreements are customarily drafted even worse which adds an additional layer of complexity to sift through.

June year we closed on a 10 unit complex that was 0.9% that is cash flowing nicely.Don't believe the nay-sayers that 1% deals no longer exist.  

What calculator or resource do you like to use when analyzing larger properties or complexes (think 10 unit motels or inns).

No lender will finance 100% of a $4.6M apartment complex.

Especially, if you have unit or complex numbers, forget it.

Have you gone through an appraisal on a 2-4 unit complex?  

Be careful of firms trying to sell you on $7k plus packages and complex entity structures.