This house sits on 5 acres in a 'ranchette' subdivision.

If the house is listed on the MLS and everyone else has passed on it, then you didn't "find" it. 

If they push back on that, walk.

For those who don’t know, Steve Lehman is a tremendous resource in Indy for any investor needing an objective opinion on all things related to investing in this market.Quote from @Steve Lehman: @Jared FisherI will strongly advise using @Lauren Perry.

Personal money How did you add value to the deal?

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

Lowe's just came out with their biggest appliance sale of the year- up to 40% off. And if you join Lowe's Pros, you'll get an additional discount (it's free to join). I believe that the sale goes through February 12th...

Check out the STR forum where you'll find some great information and will see questions and answers from those who have successfully scaled STR businesses. 

I have been on BP for a while but my profile is prompting me to do an intro.

I will add that Ko has been an asset to many of my clients.