This deal doesn't meet the 2% or 50% rule of thumb, but it has positive cash flow and is in a growing market, according to the latest 2024 Top 100 data from BP. 

I'm also growing a network of potential partners and investors, and will likely turn to them if that ceiling continues proving to be problematic - and will do so for larger properties even if I'm able to break through the ceiling on my own.

Greenfield is a growing area, and being in a golf course neighborhood across two lots adds a ton of value to your options.I’d recommend starting by connecting with local investor groups or meetups in Indianapolis—Facebook groups or here on BiggerPockets are solid places to find people actively working in that market.

I would highly recommend doing some deep diligence not just ordinary on any syndication you enter, or note fund you enter. 

This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.

It's been great to see the growth and I think it will still continue to grow.

I do not want to jump on the single because of the time frame and then the right multi fam come up, but I also do not want to miss my opportunity and be forced to continue renting even if its month to month I'd also like to ask you all for any pointers, suggestions, tips & tricks you might offer someone just getting started and working to grow their portfolio.

Just last month, from what I read in the Wall Street Journal, there’s been a growing interest in these more under-the-radar markets.. places like Casper that might not scream top-of-the-charts popularity, but quietly attract buyers who appreciate untapped potential.

I’m sure the construction loans have completion guarantees beyond the ordinary carveouts so are they truly non recourse?

Also, if you goal is to continue scaling, a real estate CPA could be a great resource for accounting and tools like DSCR loans can help your grow quickly, especially for cash-flowing properties.