Quote from @Trevor Neale: @Chris Seveney I asked if it's possible. sure its possible, but so isnt entering your car via the passenger door every time and jumping over the seat into the drivers seat to drive.

Employment drivers of areaCrime of areaMedian household incomeCurrent rent to income ratios, and if value-add deal stabilized rent to income ratiosAnticipated hold periodLength of LoanI/O or AmortizingCapex items and "what happens if you have to hold longer than anticipated?  

However, ensure you conduct thorough research on the Indiana market, including economic drivers, rental demand, and property management options.Consult with Professionals: Given the complexities of 1031 exchanges, out-of-state investing, and retirement planning, it might be beneficial to consult with a financial advisor, tax professional, and real estate expert who can provide personalized advice based on your specific situation.Retirement Income Planning: Consider how this investment aligns with your overall retirement income plan.

I would rather go back to my old job as a pizza delivery driver from 15 years ago than do that!

I have a property in Fairfield CT (hit by Irene in 2011 then Sandy in 2012) which were pretty devastating and am now in Marco Island (hit by Irma right before I purchased) and now hit by Ian (though not as mad) and a condo in the Dominican Republic (hit by countless storms).  

I would imagine that you have multiple back up systems like mad. 

Also decide if free cash flow is the primary driver or lower priority.

Are there any drivers to bring people hear?

For example, an uber driver might show they are making $3,000 per month but they might be spending $1,000 in gas and maintenance on the vehicle! 

In 2023, 153,347 driver licenses were exchanged for a Florida license in the counties of Miami-Dade, Broward, Palm Beach, and Martin, up 8.3% from the level in 2022 (141,621).