In my latest Dax’s Data (reach out for blog link complete with charts or google BrezsnyAssociates/blog), I dove into the changes so far in 2022 and came across some unforeseen nuggets that may help predict the next 6 months.

In an absolute worst case scenario (ie - no renters at all for some unforeseen reason) I can float the mortgage amount on my own - it would slow down my saving for additional properties, but I wouldn't be in an impossible situation with no way out, if that makes sense.

There is a possibility of a partial 121 exclusion in most unforeseen circumstances.

In case anything unforeseen happens, you can always fall back to the 30yr payment.The math doesn’t work that way because of amortization...

You then have a payment to him for $110,000 price - $10,000 down leaves $100,000 @ 6% is $600 a month plus tax and insurance closed through escrow with a title report and recording the transaction, there will be a note and a mortgage drawn up by escrow on a 30 year fixed due in 6 months (which is far too short of a time, you need a year at least, preferably more time on the owner financing if you are going to flip, to cover unforeseen circumstances and rehab time, sales time and any change in market time, but I digress again).

It also helps for the unforeseen (water heaters, flushed baby wipes clogging pipes, evictions, etc). 

Expect the unforeseen.

This will give you a cushion against unforeseen problems throughout the process, and a better chance of reaping bigger profits.

The reason being I am looking to expand, but also mainly to reduce the headaches I get from high turnover, constant repairs...etc.Does anyone on this site have experience in Commercial Property in Indy and, if so, I would love to hear your thoughts on owning Commercial Property in Indy, Property Managing it, unforeseen costs, zoning challenges...etc.Any help would greatly appreciated!

With all this said, I know this isn't a strategy that's very popular on BP, in reality we can't predict market values of a new build several years out due to unforeseen industry changes (regulation, interest rates, etc.).