To add to this old thread... there are now Delaware Statutory Trust options that allow investors to directly invest with sponsors - which can avoid front-end loads. 

Happy to connect with like minded individuals. 

He ended up finding a local portfolio lender that allowed him to househack a couple properties with minimal employment.

Ensure that this aligns with your risk tolerance and long-term investment goals.1031 Exchange Considerations: Utilizing a 1031 exchange to acquire the Indiana duplexes could be a smart move, as it allows you to defer capital gains taxes.

Statewide rent control allows you to evict a tenant if you're the owner and want to move into a unit.

This allows you to purchase with 3.5% -5% down allowing you keep most of your money reserves.

While certain neighborhoods in those areas restrict STR, there are others that allow it. 

You can rent out the individual bedrooms in a house.

You would need a lender willing to understand that you are the UBO here and allow you to sign a guarantee.Good luck with your journey as well, Bill.

This also allows you to build reserves and monies to cover repairs/maintenance, capital expenses, and vacancy costs.