plan on moving every 1-3 years and getting a new property to house hack. 

If losses strain your finances, selling might be the best move, but optimizing rental income or tax deductions could make holding worthwhile.This post does not create a CPA-Client relationship.

He could have just moved out but didn't. 

What do you need help with to move you toward your goal?

Make sure you understand the local rental market and have a reliable team for rehabbing properties.- **House Hacking:** This can be a great way to start, especially if you're looking to live in one of the units.

Because of where interest rates are at—and how slow everything is moving—we basically made a "take it or leave it" deal.

I just moved to Tyler and bought my first real estate property here and I just wanted to meet other likeminded investors in the area!

Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!

People want reliability, honesty, being on time, and having a good personality more than just a few $$.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not.