Or should we buy multi family units first, but what if they need some work on them?  

I am looking to invest in multi family , I have preliminary experience in real estate, but ready to scale my knowledge and investment portfolio.

Or do you just use realtor and ask video tour?

Does This seem like a Fair Partnership Very Very Rough Draft WHEREAS, Party 1 and Party 2 (collectively referred to as "Partners") desire to enter into a partnership for the purpose of jointly owning and managing real estate properties;NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Partners agree as follows:1.

@Michael Ablan, it sounds like you are renting per room and not the whole place so the deposit part is moot.

Investment Info:Large multi-family (5+ units) commercial investment investment in Indianapolis.

Having been a party to over 300 wholesale transactions, I can tell you with certainty that it is not illegal.

People overlook some REI fundamentals in search of that great deal up front.I paid $40K over appraisal on my first small commercial multi... 8 unit that appraised for $660K.

I'm familiar with the BRRRR method as its so common in so many books, podcasts, youtube videos nowadays but I'm not really motivated for that type of investing.

I'm also a licensed agent with personal experience in the multi-family space so I'd be glad to connect and see how I may be able to assist you in getting started with your investments in Indy.Lauren