I could definitely appreciate your purchase if you are running a more active and construction based real estate business but I have some qualms about liability and would want to know more about your business structure.   

I’m new to real estate investing, I live out of the country, and looking to dive into the Indianapolis market.

You’re absolutely right—at the end of the day, real estate really does come down to the numbers.

It's actually really expensive to transact real estate - see the number of posts on BP by first time buyers who are shocked at how much they have to pay in fees and points and closing costs.  

But now I’m ready to get back into real estate and have some ideas of how to use our situation to the fullest.

Connecting with locals who have experience in this area is a fantastic way to gain insights and avoid common pitfalls.Since you’re looking to buy in the next 12 months, I recommend starting by networking with other investors and real estate professionals in the area.

Trust your underwriting.

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Hello All, I am new to real estate investing and looking forward to learn from you all here from the bigger pockets experts and members and reach my goal of financial freedom in next 7 to 10 year time frameRegards DY

In my eyes, this project is as risky as it gets, even though the borrower was also a real estate agent that was waiving the listing side of the commission.