I am also from Indianapolis and semi new here.

(you're responsible for these costs, but management company should set this up and handle interactions)-Assuring the property is rented -collecting rents- a semi annual walkthrough to assure conditions are satisfactory

The only downsides I see are the difficulty in trying to rent it out in Septemper (but probably starting to look in August) and the possibility of a vacant unit attracting squatters (although this should be minimized since there are 4 units total and can also be reduced by semi frequent visits to the unit).

Although this is my first post here, I’ve been on the bp band wagon for about a year.Last year my wife and I decided to start driving semi trucks so that we could eliminate our debt and to eventually purchase a small resort.

But I would love to be graduating from college in 4 years, with a semi stable income (as opposed to many college students it seems.)

In our experience a requesting an updated certificate semi-annually is a good practice.

Hey guysMy Name is Tyler ReeseI am fairly new to Real Estate and would love to connect with other people that are on the same path I am. I am very open minded and would love helping others as well. I am doing wholesal...

The answer to housing issues in urban areas isn't the suburbs or these low density, semi underground basement unit solutions.

Has anyone had success with semi passive short term rentals in this area?

they are based in Utah.so its semi Guru back end stuff you see come out of Utah.. and its a great way for a company to make 3k for their turn downs.there has been many a post were borrowers put up the 3k paid for numerous submissions and none of the deals were good enough for their underwriting and they are out all that money.. not to mention a few that lost EM as well thinking they had the loan secured.. now this is documented on numerous BP threads on the company.on the flip side I have seen a few post were folks actually got a loan.Also the owners will come on and say what do you expect this is 100% financing and we are taking all this risk with what are basically and pretty well guaranteed newbies doing their first deal.. if they were not they would be at Lima One or lending home or someone like that.So that's the skinny on this company..