My long time tenant will be leaving on April 30 so I am considering a possibility of selling the home - it is a good cashflow but Indy no longer fits my portfolio (rest of my projects are in Florida and Arizona).Just wanted to ask the local Indy real estate pros on the timing of this - was the Indianapolis real estate market impacted by Covid-19 pandemic?

@Luis VacaWe are currently receiving order on supplies and will renovate now through the rest of the year.Occupancy at purchase was just under 90%.There are several of the units we could rent but are beginning to renovate instead.The first 30-40 were renovated before we bought and rents we’re raised so we are confident in finishing basically where they left off.A partnership split opened this opportunity up to our group.

The rest I learned (mainly local laws) from the apartment association I belong to as well as from personal experience (AKA being a landlord). 

You likely won't be able to take title to the land with a lien on it unless you did some kind of "subject to" deal, but I don't think that's even feasible.My opinion, see if you can get it separated from the rest of the mortgage, if you can't then just go find more land.

Indeed a lot has changed and the landscape looks different, but rest assured you can still get started, you may just need to shift your focus on something that can provide you the best opportunity for success.

@Sebastian Hernandez Try the BP rest estate agent directory!

You reference after the post "or just similar return as saving in banks" and that confuses me because I don't think anyone would consider that big money.Also, you say big money not big return % which is probably just a typo, but you can make $1 mil a year if you made 1% by investing $100 mil as an example.The answer I think you're looking for is what are returns as compared to a savings account and thats very easy to answer, they are vastly different, but passive investing will also give you vastly different returns depending on the asset you invest in.Most people that are quoting 15-20% returns are talking about annualized returns or IRRs which is not payouts per year like dividends or cash flow, deals like that tend to pay dividends quarterly of around 6-8% and the rest of the 15-20% per year is accrued until sale.However, most of those assets would also C/B assets (B is even debatable) and are often using moderate/high leverage in debt from a bank which makes it significantly more risky than putting your money in a savings account.

You don't need to know everything to get started; you just need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

See it here:https://azgovernor.gov/sites/default/files/eo_2020-14_0.pdfI would contact your lender and tell them your hands are being bound by the state, and then also call your local officials and ask for protection for landlords as well.Ultimately, the hope is that lenders would offer landlords a loan forbearance, and that landlords will offer the same forbearance to their tenants

For the rest of the stuff, if it doesn't hinder you on your first deal than go after it.