It has a detached garage and workshop that has some peeling paint.

So choose wisely. 

Just to echo @Gabe N. point, the world is a grayer than you always paint your corner of it.

So I’m trying to apply for a new tax ID number and I’m being asked where the business is physically located.I live and “operate“ the business in Georgia but the LLC was created in Indiana.Do I choose Georgia or Indiana?

@Eric Matuszewski If you are doing owner occupied you may want to keep it under 4 units, you will be able to put less money down into the transaction, but watch out for the PMI if you choose to go with a low money down strategy.

When considering owner-occupied, you have an option to choose an FHA loan at 3.5% down payment, however FHA does require two separate mortgage insurance fees, which could make the deal less desirable.

She had several cans throughout the house as well, as if she had plans to paint even more. 

@Brian Schmelzlen  Our approach has been to identify the target markets we want to be in, then choose a broker who understands exactly the product type we are looking for and is well-connected in the metro area. 

The house needed paint, interior doors, some minor clean up and it was rented. 

The duct work seems like a big variable so let's say $8k as well.That's $18k in rehab costs before any minor things like flooring / painting / fixtures.Do these numbers seem egregiously off?