You live in Indy and can't find a suitable, rent ready property there at retail price?

The state will pay for a suitable home for refugees coming from overseas.4.

You first need to analyse the property to confirm it is suitable as a rental.

Business license, U&I, suitability certification, lead certification, etc.2) Philly landlords are highly recommend to join PGWorks so that tenant's unpaid gas bill does not put a lien on his/her property.

As such, I would have saved as much as I could and continued to pay rent up until the time I could find a suitable duplex that I could add some value to. 

I knew going in that there would be several obstacles - but didn't realize the scope of them - I found it to be very educational and am still working on said project to try to see what the costs are actually going to be and if it is still worth it - it is a developer / contractor who is looking into it and I am helping him locate suitable properties and learning about the challenges of developing at the same time. 

@Matthew Holderly did you find a suitable option?  

You won't be able to take a loan in the LLC's name until it's showing suitable profits to cover any loan it takes out.Remember who owns a property (has title) and who's responsible for paying back the loan (the guarantor) are two different things.

I would sit back and really look at the situation from a NEEDS standpoint,, not a WANTS stand point and don't be pressured into doing something that will jeopardize a suitable living place that is currently sufficient. 

This leaves obtaining an conventional mortgage with a 20% down payment.At our savings rate I would be able to pull the trigger on a deal if I found a suitable one in my area (within my target purchase price range / criteria and with a decent reserve on hand) by the end of 2017.