I live fairly close.

Time saving in property acquisition, building improvements, purchasing living units, etc.3.

Everyone needs a place to live. 3rd Question: This is a thorny one.

I am currently living in Houston, TX and have experience with rental properties and flips in this market, but I am inheriting an older home in Greenfield, Indianapolis. 

Quote from @Patrick McCann: Hi Benjamin,I live and invest in New Hampshire.

I also find that depending on the tenant, my one Airbnb property has less wear and tear because it's constantly cleaned and maintained versus my other rentals where the families living there settle in and accumulate stuff - which makes it hard to deep clean regularly (to my liking) as well as just the constant daily wear and tear from kids etc. 

These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesUnits: 1-4 unit propertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.

The solution is for people to find places where their wages permit them to buy or rent a decent place to live.

We lived there for a couple of years and were able to build over 150K in equity with the renovations we made.

We were planning on buying a townhouse in full with the equity to temporarily live in.