Really apologize if this is a stupid question, but I’m new to RE investing so I hope to get some help with this basic question. i recently went into contract for my first rental property out of state (PA).

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Did the contract say you needed to put down an EMD? 

I hear them advertise these short notes with Connect Invest a lot and that you can start with $500. 

Indy is an incredible place for real estate investing right now, especially with the kinds of properties I work with—new construction duplexes that are perfect for both cash flow and long-term appreciation.Feel free to reach out if you’re interested in exploring opportunities in Indianapolis.

Looking at a strategy to Brrrr or light rehab to rent out to long term tenants.

You could just have an agent or lawyer write up a sales contract that will close in 11 months.

I'd also have money held back at closing (a significant sum of money) that they do not get unless they are out within the 30 days (or whatever you agree to-do whatever you need to have them treated as a short term tenant) and leave the place clean and in good condition (ie same or better than when you viewed it).

Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

He agreed to the terms.