First, I'd recommend getting to know what different avenues you have such as wholesaling, buy and hold, developing, "house-hack", etc and seeing what you're comfortable with.

What they say to send is much higher than anyone else I have seen.I would recommend looking at the Land Riches Blueprint with Jonathon Haveles.

Is everyone still having good results with SMS with all the changing compliance issues? If so, which platform seems to have best delivery results?

@Phillip Rosin - Based on the info you provided, I recommend that you start with a Fix to Rent short term loan to purchase the property and rehab it, followed by a cash out refinance into our DSCR loan.

Does anyone recommend a good Property Manager in the Indianapolis area.

If you choose to proceed, I recommend verifying the source of the funds as it could be tied to a specific type of compensation.

They will be filing my 1099 for me to the IRS.In general, what tips and recommendations do you have that I should keep in mind in my first year of renting, and for a first time, hands-off landlord?

With the CapEx part of this, the 5% is the monthly amount to be saved for future CapEx (based on a BP recommendation).

Any recommendations would be greatly appreciated.Thank you.Sabrina

Highly recommend.