Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.

I am relatively new to REI as well.

Challenges related to maintenance of the property.

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.

I've tried to include relative information, without writing a novel. 

Mostly, the challenges were related to having the wrong mindset about taking action.

I am not buying, selling, investing or anything related to BP.DM me if interestedBuying in Kensington is either a total disaster or a very brilliant move, depending on your timeline.

In related news, we had a guests for a  10 day stay and they wanted to cut the stay short.

Quote from @Richa Wardhan: Hi All,I am a relatively new investor with a full time well paying job.I have 4 SFH in Class A neighborhoods in Gainesville area.

I have 3 associates / relatives that would be doing my renovations, as I would be finding, analyzing, and purchasing the deals.