I am looking to buy my first property in the Indianapolis metropolitan area, by the summer of next year or even sooner if a good deal comes my way!

I’m guessing some people wouldn’t love the feel of a cold floor on their feet getting out of bed first thing in the morning?

The benefit of the LLC is that it can help you avoid losses spilling over from one property to another or your personal finances.

Can you please advise me on how to purchase an out of state home where the owner has a reverse mortgage on it? 

The monthly profit can be anywhere from a few hundred dollars to a few thousand dollars depending on the size, condition, and rental rate of the property. 

Glad everything worked out in the end! 

So some have one or the other.I like solar powered cameras instead of Ring's of any kind.I have the Eufy exterior camera with separate solar panel.

If you provide more details on the home value, existing mortgage remaining and what the interest rate and payment are you may get some better advice.Is your dad willing to take that $100k of equity over time instead of all up front?

They take good care of the house, pay the rent on time, and are easy on the house.

I've been in the industry for 2 years and I've documented a lot of the challenges I've faced on BP!