As a state capitol, with OSU graduating 6000+ students a year and with the tax incentives offered that attract  and keep big business here, there is no shortage of need for multifamily housing.  

It's just too easy to get into the business, too much competition, not enough vetting from customers and , as a former contractor I can say this.....it CAN sometimes attract less than desirable characters.

Just looking to make this deal attractive to the seller, and work in my favor as well.

The one issue with having different portfolios in Appfolio is that all the money flows into the main account and you can't have separate bank accounts for each separate portfolio, I don't know if that is an issue for you or not, but felt it was worth mentioning.  

I will be doing one at a time, doing mainly cosmetic work myself. 

Thanks Sourabh Bora , Indianapolis definitely seems like an attractive market .

She intends to sell the house to me for $200,000 but is concerned about tax implications of the proceeds from the sale of the home.So the main question is how the sale will be viewed by the IRS.

Ultimately, it's what works for you - and then it attracts clients who like your business model.

Hey I'm a Novice Wholesaler In Va  I have a lot of leads when it comes to properties but running dry when it comes to buyers, what can I do online to attract more buyers, Its like I'm sitting on deals here :( 

I'm a $25k/year licensed massage therapist, just hit my first year of solo business (so still inconsistent revenue) while gradually tapering off my main job (diminishing revenue), so I'm entering a phase of much less predictable income.