Let’s connect and chat about potential opportunities—I may have some suggestions that could align with your goals!

I work in group home settings for a living and at my previous facility there were two clients per bedroom which would give you potentially 8 in your house while at my current job there is one client per bedroom which would only be 4 clients in your home.

These and 1000 other questions or concerns or issues that to me are potentially of vital importance to your purchase, your investment, your resale and exit strategy for the future.Real Estate is a team sport. 

Indy is a strong market with a great mix of cash flow and appreciation potential, plus it’s very landlord-friendly.

Taxes: Be aware of potential transfer or capital gains taxes, depending on your state.4.

In light of this, I have been exploring the possibility of pursuing creative finance options, specifically seller finance deals, as a potential means to achieve my goals.

This does not mean actively acquiring but rather considering valuation, market demand and rents, and potential ROI. 

If someone has REPS then potentially they can use all of their rental losses, from all properties, (there is more nuance especially with both LTR/STR) if they are materially participating. 

That said, weigh the cost of renovations against the potential increase in appraisal.

I would recommend that you analyze the operating side of the business and the capital side of the business separately.On the operating side, you can use AirDNA to predict the potential income which is gross revenue.