Or should I grab plans from a local builder and work with their architect to modify the plans to more of my style?

We don't plan on growing our portfolio anymore.

Your plan to house hack a multifamily property in Indianapolis is a great strategy to start building equity and learning the ropes with manageable risk.

What was your initial plan?

The whole house needs to be remodeled due to lots of wear and tear and being outdatedI am planning to use a HELOC on my current property for mostly all the repairs.

Purchase price: $532,500 Cash invested: $106,500 I just bought a duplex on 3rd Ave on the Columbus side of Grandview and am planning on living in one side and renting out the other.  

They do not allow two seperate driveways, which was on my original site plan.  

availability of multi-family 4. ability to write my own contracts(Go off market) 5. landlord tenant laws etc......and some others.If you plan to hold long term, think of what would be most important to this type of investing i.e All the best!

Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!

I plan to wrap it as an exit strategy,  but assuming worst case scenario, If I were unable to make payments and foreclose, the seller takes the property but would my credit or record be okay?