Bloomington is a city located in south-central Indiana, approximately 52 miles southwest of Indianapolis. en.wikipedia.orgRecently, the city has been exploring co-living arrangements as a strategy to enhance affordable housing options.

From a legal standpoint, many investors set up an LLC in the state where the property is located (Oregon in this case) to limit liability.

The location and market demand further made this a great investment opportunity for a profitable flip.

If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....

Follow These Steps BEFORE You Start Flipping Houses in 2024 - it goes over the basics, choosing locations, etc. 

As of now, I want to focus on distressed properties needing light upgrades to ensure the ARV justifies the rehab costs, or I’ll consider a turnkey property if it’s in a good location.

If you find you are unable to raise the money for an all-cash purchase, switching gears to Fannie will only work if you have a LONG time to close in your PSA or have many extension options (which usually require more hard earnest money.)

Located in Chicago, IL been wholesaling for a While Now but yet to close My first deal yet.

It is about $1900 now new.Where is the place located?

All of these houses were purchased in distressed condition and remodeled extensively.