Sounds like this is maybe in the Wilmore area if it's in a historic district near South End.

Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

Towards the end of November, we got professional photos up of the reno and used the 20% new listing promo and quickly got 3 bookings for December in a two week period. 

Yes, most lenders will require you to live in a primary residence before moving out, refinancing, or converting into a rental.

@Ed Hoffman, I believe for an entity like an LLC to do business in a state outside of where it was formed it needs to register in that state.

Im more a hands on learning definitely and as far as living in a unit i couldn't yet because its out of the kids school district  plus the limited space. but thats the goal, to buy a small air or inn to manage and run for work while still renting in our district and then looking to buy since we're renters again!

When we have a tenant that is cooperative and informs us in a timely manner, we prorate the monthly rent but charge them the increase also.

Because I live in a neighborhood that has no crime but it shows up as very high crime because we had two neighbors who would call the cops over each others dogs barking so it lit it up to show it as negative…

@Sanjay Singh but I’ve noticed that many houses there are within my budget ....Can't comment on the Indianapolis market but generally speaking buying real estate in a particular market because the housing is within your budget is not a valid reason to invest.

I have a special fondness for I-found-a-pile-of-gold-in-a-crapshack-basement-help-me-invest posts.