My advice is to look at non-residential commercial. 

It would be great if progressive views/laws on reducing minimum square footage (residential/single family on foundation) were indeed the case in Indiana, and will to catch on (re-evaluating minimum size of homes) elsewhere.

Just know your properties will get additional wear and tear most likely that you might not otherwise get from residential tenants.

I personally would not choose to purchase residential RE unless my underwriting shows far greater than double the historical return of the S&p500.  

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Hey Tim, here is a template associated with Pennslyvania: https://innago.com/forms/pennsylvania-residential-lease-agre...I've found these state ones to be very effective for my leases!

The 50/50 profit split is legit.You pay a partner fee to get started.They pay for the houses, repairs, etc. and you split the profits 50/50.Buy box is residential 1-4 units and 65% to 70% of ARV (house plus cost of repairs total)

Just want to say I am very impressed with your knowledge on your market , not just from residential but also your view from business and economy standpoint.