Than did all the red-tape fun to get things set, and completed soil corrections. 

We specialize in managing single-family and multi-family homes, with a portfolio that includes properties in the Indianapolis market.

Most MTRs in my market are including wifi, water, electric, etc.

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

The home needed a lot of work including roofing, windows, siding , kitchen, baths, and mechanicals.

It's why Red Lobster carries chicken on the menu.

Use Series LLC to handle management activities, including collecting rent and signing leases.

Hi Renata,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.

I did not include vacancy, repairs, management, and other cost, When determining what I was going to rent them out for.The one critical thing you never told us is what is the current rent and what is the current market rent.

The 3 issues you described are all fairly large red flags, especially for someone's first property.