Prices have jumped up pretty significantly the last few years; I had an addition done in 2021 just when lumber was starting to go berserk and I spent $100/sf *BUT* I use a lot of these contractors in my rental business and it wasn't a turnkey job - I did the electric, insulation, HVAC extensions, painting and trimwork.

I think renting to travel nurses is a clever idea.

Hey Daniel, Great to see you're doing well in your luxury watch business!

My background is in analytics and have worn a couple of different hats in the space - sales compensation, business performance / reporting, COGS management, and opportunity / risk evaluation and implementation.Real estate investing is the first topic in a long time - maybe ever - in which I've been truly interested in learning more.

Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.

If you are located in CA and are not investing there (good idea to stay out IMHO) then you have the entire country to choose.What attracts you to Indianapolis?

Look at comps in your area to get an idea of the level of furnishings.

Bennett Abel is a solid broker and does a lot of business in the East Coast.

I might suggest that once you get your next orders THEN we would start considering purchasing a 2-4 unit property (as an idea at least).Hope all of that makes sense.

Aloha @Christopher Jordan  - congrats on selling your business.