Our income is around $150k.We built our new construction personal residence with cash and are looking to take out our equity to BRRR duplexes or triplexes. 

The way the condo is set up, I would need to allocate the one window in the living room to the new bedroom, meaning the living room will no longer have a window.I know bedrooms require certain legal restrictions to be met (2 egress, certain size, etc).

I'm a new investor and I also try to stay away from any investment that requires major renovations at this time.I have been looking into getting an investment property in Indiana, but undecided between Indianapolis and Fort Wayne.

While I understand that current CAP rates have not necessarily adjusted to the new interest rates, which might be some of the issues.   

Now there’s a new reason to discourage it.

I have owned rental properties for years, but am new to managing them myself. 

The new comer tax has been resolved but it does mean a lengthy process of getting taxes straightened out and they are markedly higher than Washington County.

For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.

The short term rental is more aligned with my long term goals, but it is just skipping ahead by a few years and skipping over the 3 long term rentals I had Initially planned for my portfolio.Do I keep the property and maybe drop the rent under market value, while also coming about of pocket until we find new tenants, or sell and use the equity towards short term? 

When it comes to age and real estate, we often make quick assumptions.Older Investors: They’re seen as slow, set in their ways, and resistant to new technology.