In that case, would the renting process be a bridge to help you retain the home for future personal use? 

And I provide solid returns for my private lenders in the process.

I make the points more for new landlords because they don't know how to be a landlord yet and are more likely to not get rent on time because they don't have processes.

Private Money or Hard Money LoanHow it works: Short-term loans from private or hard money lenders to purchase the lot and finance the construction.Benefits: Easier approval and faster processing, focusing on the property value rather than your income.Downside: Higher interest rates and shorter loan terms (typically 6-18 months).

So when we did not receive any response to our emails for several days, this naturally triggers concerns and emotions.

Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.

The process has been difficult and stressful and we almost gave up a few times. 

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.

If so you could pull equity out to begin the BRRRR process.

Still need to close on the property because I have already put 18K downpayment and then work with city on split process.