Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.

We are long-term investors (10+ years) and plan to use the properties for cash-flow when we retire in 15+ years.

The market has bounced back from Covid and all things are go in terms of tourism. 

My current goal is to start with house hacking and move on to long-term single-family rentals.

Great long-term BRRRR deal.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Hi All,I was originally searching for LTR properties in Indy and deals are just not penciling in so am thinking of pivoting to BRRR then STR or MTR.

If you're not planning to live in the property long-term, I'd suggest prioritizing the property's standalone investment potential during evaluation, regardless of its role in a house-hack scenario.

Rentals are the best for building long term wealth building.

I’d rather the potential for long term residual “passive income” as opposed to a one time profit.