Who ever wrote this does not understand the fundamentals of taxes 

Hi Tanya,It's important you get the right contractor that understands the needs of investors.

Indy is very inconsistent so it's important to have a local agent or a really clear understanding of where you are buying.

Hey Harinoor, if you purchased the duplex with a mortgage, contact your lender to understand their policy on transferring the property to an LLC.

Thanks for your help in advance and thanks to the BP team for providing this platform.Just on the course of getting to understand how well my investment is going to work well for me and give me a good ROI. 

I don't quite understand why so many people are freaking about about the laws when it comes to wholesaling.

We're a self management crowd here, but I totally understand not wanting to do it. 

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

Understand all of your financing options before getting into it!

I understand the skepticism and the concerns expressed.