New to this community.  

Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.

Does anyone have a document that breaks down a deal from start to finish, including potential tax incentives?  

This is where the substitution clause comes in, as I understand it.

What made you interested in investing in this type of deal?

Most of the savvy investors we're working with, even through we'll lend more that this, are coming in at 30% to 35% down.

👋🏽Welcome to the biggerpockets forums, I see you are from Hammond, Indiana which is a great area to get familar with including other portions of NWI.

I am particularly interested in turnkey properties and single-family rentals, but I am also open to exploring other options, including duplexes and different investment strategies. 

🚨The Green at University City is transforming into a top-tier Entertainment District🎉 The development includes a 65,000 sq. ft.

🚨The Green at University City is transforming into a top-tier Entertainment District 🎉 The development includes a 65,000 sq. ft.