The lender just records the warranty deed and is the owner of the property.  

Let's cut to the chase:  "A tenant is obligated to follow HOA rules, as they are considered residents of the community and must abide by the same restrictions as homeowners, even though they do not own the property; the landlord is responsible for ensuring their tenants understand and comply with the HOA rules. 

But now you could refi, draw out your initial investment and the property would cash flow.

And buy 2 replacement properties.1.

I also own over 15 properties in these two zip codes. 

Can any investors in the Indianapolis market  please help by referring me to an agent they have used to buy properties that they were satisfied with?

If you are investing out of state, then do you already have a good property manager lined up? 

Great place to meet other investors, agents, property managers, and contractors.

With insurance companies canceling policies and raising rates has anyone uncovered a way to self insure rental properties?  

I realizing the duplex conversion strategy is more complex I probably wouldn't try it on my first property, just want to get a sense of what's possible in the Chattanooga market :) Thanks!