Private short term loans typically carry high interest rates that eat up any cash flow from rental units and often result in a negative cash flow7.

Again, this is Kentucky so I am not certain how close Indiana matches our laws and regs. 

After passing the exam it takes two weeks to get the results. 

Not sure if this is what you are looking for, but here is a link to some results on proformas. 

I don't think he would be against selling to another investor if they match the price.

There would be existing foundation for the new construction to sit on, but otherwise it would need to be totally new, we'd either match the existing wood siding or go with shakes on the rebuild. 

The class was given very high reviews and as a result some of the other REIAS started to ask me to speak.  

Lesson learned, if we had jumped right into buying we would not have been as familiar with the area, we would have been in a rush to buy, and as result I'm confident we would not have found such a good deal ... the deal was so good and the house was so perfectly located and suited for our needs that I consider that 1 year of rent paid to be money very well spent.So, my advice would be to do the same and rent for a year.

I'm new to real estate auctions and have been looking into them for a couple weeks now. I've been on auction.com and they have a lot of properties, but I'm having trouble seeing what houses actually sell for. It doesn...

You'll need to redo the counters if you choose not to get new cabinets or add cabinets in the gaps where you are removing appliances, but you'll have to make sure you can find matching cabinets for the new appliance location, otherwise require all new cabinets to be installed.