Yes, I agree that in-state / within-drivable-distance investments are best, whenever possible.

We drafted a short-term “use agreement” giving her a couple of months to find a new spot for her outdoor furniture and tools.

.- Can't see a Senior-Only complex allowing Short-Term-Rentals (STR).If so, SELL.2) What is the history of Association Fee increases and how well capitalized is the Association for future repairs?

My initial thought is LTR single family or small multi, though I'm not opposed to short or med term rentals.My primary question has to do with LLCs. 

@Paul Novak you've already gotten some solid advice in this thread so I'll keep it short and sweet.Get your 401k match at a minimum. 

I now live in Indianapolis and work exclusively with OOS investors, particularly those investors looking to acquire cash flowing small multi-family and/or short term rentals.

The owners of 100+ unit complexes are not individuals who will be swayed to sell by a good offer or the need to cut short term losses.

Bridge Loan to DSCR – Consider a short-term bridge loan to fund construction, then refinance with a DSCR loan once the property is completed and leased. 4.

Private Money or Hard Money LoanHow it works: Short-term loans from private or hard money lenders to purchase the lot and finance the construction.Benefits: Easier approval and faster processing, focusing on the property value rather than your income.Downside: Higher interest rates and shorter loan terms (typically 6-18 months).

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.