I was drawn to Indy for its growth potential, affordable housing, and relatively high rents (and high demand).

If income, or credit is an issue, Learn and get good at something related to real estate and then eventually you can add value to an investor and potentially do a joint venture.

I have flipped a good amount of houses like this one (without the snow issue lol).Get 3-4 different contractors to bid the job and then get started on it ASAP.

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

.- hilo is relatively flat.- as for regulation, you could buy multiple cashflowing condo STR in vacation-resort zone- but best total return is always single family home, again with 5 mil I would entirely do flip in the richest neighborhood day and night.

Ideal for me.The only issue is structural issues; the agent recommended that I go with a FHA 203K loan.

This ensures they are keeping an eye on everything, they get to see what it's like to be a landlord, they have to take responsibility for the lawn and other maintenance, they will learn to deal with people issues, and more.

“We have reviewed the title and found that there was a tax deed issued in 2023.

Related to what?  

I am in talks with an attorney but just wanted to see if anybody has dealt with a similar issue.