It was a nightmare of tenants not getting access to running water.

TLDR: Need a shed for lawnmower, tenant needs access to this shed, but don't want them storing their own crap in it.

Investment Info:Single-family residence commercial investment investment.

I'm looking to invest in a mixed use commercial and residential building.

Proximity and identification of higher worth asset pockets becomes difficult/volatile to predict.Political environment and societal expectations that can be borderline ideological with regards to the aboveIf the crime does not get under control (see the above thoughts on education, gini, poverty, etc) this will weigh on perceptions and asset values for years to comeOn the upside:Indy is positioned well as a logistics hub which fueled growth, and it has a reasonably diversified economy.There is access to high quality higher education in the area.I will not invest in Indy although I did look at it awhile back.

Then you find financing based off the NOI of the building, the commercial world. 

Or should we operate as sole proprietors and use liability insurance to protect against lawsuits and have access to conventual loan sources? 

If this is a 1-4 family house that will be fully rented there are two ways companies insure them, in Personal insurance they use a Dwelling Fire form and in Commercial Insurance they use a Business-owners or Package policy. 

Once you get to five units and above, you are in the commercial space and valuations are based on the income approach.   

I don’t want to lose access to the house when I need to stay there but I also don’t want them there longer then a year if they can’t purchase the property.