Would be great to clear some capital if you had a good exit strategy there, but you might be able to get going on the primary goal even faster if you could go with a low money down approach like an FHA Loan or House Hack.  

I'm trying to figure out if I should just get my Indiana license (I am licensed in TN), since it seems the low cost/commissions keep realtors from spending any time, which is somewhat understandable.

Inventory is still very low.

Also, through my research I am learning that many banks/ lenders offer low Money down options very similar to FHA and PMI terminates after 20% equity is gained; which is awesome. 

We are going to reach out to the power company to get records on 12 month high & lows to get an idea of annual electricity costs.  

After this deal is complete, I would have a property that the cap ex would be low for many years to come and I may be able to 1031 or something along those lines into something larger. 

By taking our pre-development a step further and looking at the triple bottom line I think we can continue to advance our development process and improve the quality of life for people. 

My philosophy is to be 100% professional and be known for a quality product. 

All residential units are leased, but I do question the quality of the tenants.  

Im 24 with a family, I currently work in the oil industry as an AutoCad Drafter but due to low oil prices I have taken a significant pay cut, during this last year I have been doing as much research into the Real estate Industry as possible.