All these educators have good information - and are successful at what they do.

You will be asked to disclose this during the application process, and not doing so is concealing a debt and would be fraud. 

Do not go changing your processes! 

Purchase price: $125,000 Cash invested: $120,000 First try at turning a single family home into a duplex while going through the permit process for the first time.

County is not helpful or forth coming of process. 

I am looking for some feedback from others on their success/feedback on unique STR properties.

They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.

What does that process look like?

During the "fix up" process, you would use a different kind of loan that will end up converting to a DSCR loan once you have tenants living in the unit(s).So, I would need to use maybe a construction loan for the renovations and then convert it to a DSCR loan?

Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.