However I am struggling to understand and evaluate the risks involved with cash out refinancing 2-5 years down the line.

At that point I dont know investing would make any sense, I have heard scary stories I was thinking about short term rentals but that needs constant cleaning after guests and conpetition is very high my friend spent almost 200k out of pockets to buy a property for airbnb and he got 17 bookings per year....

I’d love to connect with investors who are experienced in flipping, renting, or managing properties—especially those in or close to the New Jersey area.If you’re involved in property management, real estate investing, or anything related, I would appreciate any advice or mentorship you can offer.

Does that mean the applicant had a clean criminal record or that the 3rd party wasn't able to screen the applicant?

Ourcurrent approach involves identifying possible contact information for thelisted owners and calling multiple numbers, but this process is time-consumingand yields limited results.

Was the prosecutor even involved?   

The weather is great there, its cheap and ecology is clean.  

Add to that the fact that private financing typically involves way less bureaucracy, with reduced paperwork and fewer hoops to jump through.

Here’s why:Affordability: You can find solid properties here well within your $200k–$300k budget.Cash Flow Potential: Indianapolis has a growing population, a diverse economy, and relatively low property taxes compared to some other midwestern markets like Cleveland.Investor-Friendly: Indy is landlord-friendly with strong rental demand, especially in neighborhoods near downtown, universities, and revitalized areas like Fountain Square or Irvington.If you’re open to a strategy involving light renovations, there are plenty of opportunities to add equity and boost rental income here.

There is more paperwork involved with that option.