.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

2023-2024 DECIMATED my already broken finances and killed my 15 yr run being debt free with paid off rentals and a house near the beach in the Ca.

I think you'll find a ton of useful content and a supportive community here!

A fence or a drive way is 15 years and a major appliance 5 years. 

It was a 50% of one months rent and a $100 increase in rent. 

You can find solid single-family homes, small multi-families, or even short-term rental properties in high-demand areas like downtown Indy or near major universities and hospitals.Indy has strong rental demand, landlord-friendly laws, and a relatively low cost of entry compared to major coastal markets.

And a couple houses from random lines of credit from banks.

Given your criteria—affordable multifamily opportunities, a mix of MTR & LTR, and properties that sustain themselves—I’d encourage you to take a serious look at Memphis, TN.Memphis offers a strong rental demand due to its affordability, job growth, and a high percentage of renters (over 50% of the population).

ALWAYS ensure the contractor walks the property with you or the realtor and a CLEAR scope of work is defined.

And as a young kid I spent my summers with my grandparents.. they had a cabin on Lake Poygan.. by Winneconne . fond memories..