And you need that professional help to safe guard self. 

A factor to consider is a flip is time sensitive, so if I do the work and it takes me 3 times as long because this is not my primary job, a contractor with a crew can have it done in 2 days, you can sell and move to the next one much quicker.If you do the work in the beginning you also learn about construction and just what it means to "redo" the bathroom or kitchen. 

There are a lot of people in this business that say they are cash buyers when they really aren't so agents are sensitive to that.

However, maybe I have a sensitive nose, but I feel like I can still smell it.

If you plan to move back to that same area in IN, you could possibly get another multi-unit building to add to your collection, even further safeguarding your retirement.

You have to be particularly sensitive to proportions, and the construction details are much more important (trim, flashing, transitions between materials, etc).

Please share but keep private information sensitive.

All the best yes, the midwest has the least sensitivity to rate.

If rates spike up and you pay back your borrowed portion within 2-3 months your risk to the market was fractional/marginal as opposed to a buy and hold your risk and interest rate sensitivity to the market is prolonged and can eat away at the spread you're earning on the buy and hold.

Also, their time is precious so at the right location they are not very price sensitive (not to mention so many of them are plunging into mid six figure debt so at that point whats another hundred to live alone, etc.If you have the right location its well worth it to contact the coordinators as others have said, and also to see if their are other ways to tap into the residents network at a local hospital through a google group.