Additionally, having your interior design business involved in a multi-use property could be a win-win, allowing you to both house your office and generate rental income from other units.The Indianapolis market is thriving for real estate investors, particularly in new build multifamily and duplex developments.

Just toured the house today and it was in better condition than I expected.

Mortgage stays in seller's name but is paid by the buyer through a promissory note (aka contract)Mortgage Balance: $102,000 Interest Rate: 4% PITI: $531/monthSELLER FINANCE PORTION: Seller Finance: $300/month to seller for 53 months (4.4 years) = $16,000 Total House Payment: $831/month (PITI + Seller Finance)NOTE about CLOSING and seller: Seller would like to remain in the house until November 12th, 2024.

Do you want to manage an STR?

That said, if you want to "go it alone" managing your home the process is this.... 1.

does the  house have dirt up next to the foundation  keeping  water away from the crawl space ?

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

@Julio Solano Definitely look for a qualified agent and property manager down there. 

I made a substantial down payment, so I could potentially pay off the house in about 4 years with my current income.

Hi I have a few LTRs with 10+yrs of managing them but interested in BRRR particularly in Philly area.