I bought the office condo for a very reasonable price and the mortgage is super low, $850 a month. 

There are large syndication-type companies that will often structure a MF acquisition into a TIC structure for this exact reason.

Indiana is one of the three states my partner and I are considering to start long distance investing in.Are there any reasons why you'll be looking in Tennessee verses your own backyard?

They ended up being able to offer a normal conforming 30 year fixed loan with reasonable rates. 

When your getting started in RE you’ll have no shortage of negative people and chicken littles in your life telling you 857 reasons why it’s a bad idea ,why it’s risky ,why it won’t work ,why you’ll lose money ..etc instead surround yourself with wise counsel and don’t allow your fear of losing money to overpower your desire to be an investor.

I am brand new the real estate investing and the biggest reason i am interested in wholesaling is mainly because of the amount of money required to get started from what i am seeing.

I don't see a good out unless the tenant shows up with the two months' rent and gives you a legitimate reason.

@Jason Brattner cap rate is a reasonably accurate way to measure investment opportunities without taking financing into account.

Any reasons?  

The Federal Government can Trump the states.Marijuana is still a Schedule 1 drug (LSD, Cocaine, etc) for some reason.