Once you get into the 100+ unit range, the property can support a full time maintenance person and likely a full time leasing/on-site PM.  

love all the help and support this site offers! 

In my area, maybe 20% of the land is zoned 2-family, 5% upto 4-family and almost none is zoned 5+ unit, and any that is are huge plots that support 100+ unit buildings (with the price tag to match).

The agent says it should support the contract price but there are no similar comparables to my model that have closed in my community.   

With the recent election, one council member is somewhat opposed to STR (or more strict regulation) whereas a few of the others (as well as the new Mayor) seem to support STR and trying to find a path forward to support STRs and affordable housing.

And they are going through the same things, its a huge support network.  3) You need to be your number 1 priority. 

@Daniel Fitzroy Thanks for the support and encouragement!

Purchase price: $101,000 Cash invested: $50,000 A SFH in the University Heights neighborhood of Indianapolis, Indiana.

I no longer see value in holding real estate, excepting those specific situations which are government supported, e.g. subsidized housing, adult living facilities and the like or if getting the real estate at fire sale prices, e.g. 25% of current fair market value.

Let's connect, share our info, and support each other towards our path to financial independence!