The building is effectively 50% commercial and 50% residential (both in SF as well as projected rent roll).

Is there power to the lot, is there public water or will you need to drill a well, if there is public water/sewer do you need to pay the tap fees, etc.

Eventually we would like to fix up the short term rental in the Smokies as well, thinking that we could do this for approx. $5000.

Also it would be amazing for any investors that would like to partner up with us on our first deal as well as any private lenders would give us additional information or pointers as well. 

With 30+ days notice, she is being fair and reasonable as well. 

By pooling financial resources, we secured the property and funded the $25,000 renovation, ensuring the project was well-capitalized from start to finish.

Those that have done this please feel free to drop some knowledge!

There are a lot of great neighborhoods in Indy that do well for STR.

My wife and I plan on buying another property at the end of this year and will probably move that property into the LLC or Trust as well.

Property is exempt from STR permitting because the jurisdiction considers it to be a commercial lodging establishment.We've been pursuing an SBA 504 loan for it, which was going well until we discovered that the sellers have operated it only part-time the last 12 years -- intentionally blocking 60% of available room-nights because they just weren't up for running it full time in their retirement.