Don't know all the details, but excited to figure out that piece of the puzzle.

There's probably no good way to know without doing some exploratory digging.

I'm new to rental property purchase and puzzled about the following. 

@Bradley Lee - Unfortunately an idea is only a very small piece of the puzzle.  

Part of the puzzle is that we have not sold our current home - and would need a place to live in the interim while remodeling...I have already been investigating loan programs, local banks (fnbalaska.com) offer a 2-close construction/remodel to long term option that is costly, but works (I used it for a 2004 house to tri-plex and short-plat option).

I'm posting for three reasons, and I'm hoping somebody here enjoys a good puzzle and wants to help a guy out. 1.

I'm beginning to look for the all the pieces to my puzzle, but I am new to this game and do not have all the connection I would like to have yet.

*the last piece of the puzzle for my calculations is appreciation rates/values in Indiana.

Everything gets shipped to the site and built like a puzzle.

Between those two avenues, you should find that piece of the puzzle.