I don't know much about Indianapolis then the prices are similar to what we see here in Cleveland so I won't speak to which of those markets is any better or worse than the other one.When looking into Cleveland I think you will find some value in reading The Ultimate Guide to Grading Cleveland Neighborhoods.Good luck to you in whichever market you choose.

Private lending can go to 75% LTV or 100% LTC (whichever is less) if under 90 day seasoning...but it cannot be owner-occupied.

TLDR landlords can't charge more than $300 for pet deposit effective January 1st and as far as rent, no more than $35 or 1.5% of the monthly rent, whichever is greater.

I don't think it's worth the risk, so just drop whichever 'R' corresponds to living with your tenants. 

With 2.875% interest locked for 30 years I will be able to have enough principle paid down by the time he is 18 that we can refinance it to pay for his college or help him start a business, whichever he decides.

A lot of folks in the Denver area get started that way - they'll find a single family property than can be split up/down, add a kitchen/washer & dryer to whichever unit needs it, and rent out the additional unit either as a long, medium, or short-term rental!

It’s either itemized or standard deduction, whichever is greater.

Benefits include:- lower money down (Fannie Mae allows as little as 3% down of the ARV or purchase plus rehab costs, whichever is lower) for an owner occupant.- lower interest rates vs hard money - you can use a HomeStyle conventional rehab loan on a 1 unit investment property  (usually max 80-85% LTV but still better rates than hard money and you’re locking in long term financing upfront rather than paying a second set of closing costs to refi into a DSCR loan) - conventional rehab loans do NOT require a HUD consultant- your lender has to approve your rehab plan and the ARV (according to a 3rd party appraiser) MUST be equal to or greater than your purchase + rehab.

I plan to drive my paid-off car for another decade or until its last breath, whichever comes first, so have no car debt luckily.

California and many other states only allow 10% or $1000, whichever is smaller, anyway.