we pay a LOT of money for legal advice, legal document preparation, etc., the result is that we aren’t challenged when we need to take ownership if the borrower can’t perform.    

Have the property taxes increased because this is an investment property and not a primary residence?

Investment Info:Single-family residence buy & hold investment in Riverdale.

Hi everyone,I’m considering becoming a landlord for my property in Indianapolis, and I want to make sure I’m fully prepared before diving in.

Strategy 1: buy a duplex, live in one unit (for one year as a "primary residence) and rent out another unit as a short-term / mid-term rental on Airbnb.

Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 

Other factors as well of course: DTI, the LTV, primary residence vs investment property, etc.

If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence. 

Short term rental permits are only granted to owners who will be renting their primary residence.

Multifamily is considered residential since people reside in the structure. it's part of contractors license law, our testing is on it and violating can and will result in punitive actions.