And also being next to a base Im thinking about short term renting, or Air BNB How did you finance this deal?

There is no issue with eviction for non-payment of rent during the winter in Wisconsin.

I would rent or sell that condo and buy a duplex in a class A or B location in KC.

I would rent out an extra room, basement and yep, deal with a part time roommate.

My first property was a duplex, and then a year or so later she bought her house, and we moved in together living in MIL suite basement and rented out the rest of the house.

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.

So I'd start where you could buy the average home in the metro area and then look at average rents and start looking at that.

I get a lot of questions about housing vouchers and how you determine rent amount allowed.

It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.