Living in the Los Angeles area sounds somewhat similar to what you experienced with cost of homes etc. thank you for writing this up!

Sounds like some awesome goals!

I'd say they chose colors that don't create any curb appeal at all...In this case the front sounds like it was cluttered, so the way to increase curb appeal was literally to de-clutter. 

It sounds like you've got some motivated and cooperative sellers. 

Hi Kris, welcome to the Indiana market 🎉Your plan sounds very realistic, especially with the flexibility to pay cash.

My current tenant has removed a picture from the wall and replaced the provided bedding with their own belongings. 

If everyone would simply eradicate that from there vocabulary and replace it with "Realized PERFORMANCE".

One thought was to replace to large commercial tenant with a company that had a similar profile.

It sounds like that you have been getting ready for awhile.

The primary risks at this point would be       1) to your lender, the risk of a margin call.       2) To you; underestimating the true cost of a project and cost overruns      3) To you; legal risk of securities regulations if  So it sounds like im not missing anything on the risks, from your perspective at least.