While living with tenants can pose challenges like privacy concerns and tenant relations, clear boundaries, professional management, and proper tenant screening will help you succeed.

Regarding building the proprety for $700K, that is a challenge for sure.

Challenges and Opportunities Unique to IndianapolisSeasonality: Tenant interest tends to slow in winter, so try to avoid vacancies during those months.Diverse Neighborhoods: Indianapolis has varied sub-markets.

Quote from @Richa Wardhan: Hello everyone,For those who call St Augustine home/ investment home , how challenging is the process to build an ADU on your property in St Augustine?

They have definitely become more challenging since rates have gone up.

Finding a condo that allows Airbnb/STR will be challenging, they're rare and cost more because of it. 

- Do you think it’s worth challenging the appraisal with Kiavi, or should I just cut my losses and move on?

Challenge is where is their motivation to properly screen applicants and get rid of nonpayers?

Whenever I face challenges, I tap into my inner Goggins, reminding myself that if he can conquer the impossible, so can I.And let's not forget Think and Grow Rich, a timeless classic.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.