The percentage of smokers is small and falling each year, so you would be catering to an increasingly smaller segment of the population that tends to be poorer.

I recently checked out a duplex in Indy near the corner of Fall Creek Blvd and Paris Ave.

Good years come in lower than that, but leaks, appliance repairs/replacements, falling trees (just 1 - didn't see that coming!)

After all.. you don't know where your life will head, what deals will fall in your lap or any outcome really... so.. take that as you will.Good luck!

When interest rates are rising, as they eventually will, and housing prices falling at some point in the future (and they will, as everything is cyclical)...well, I would not thrilled to be on the wrong side of those ARM and balloon mortgages. 

I live in Idaho Falls, ID.

We plan to have a contract written and notorized in order to have the formality of a business agreement to fall back on.Do you have experience with a partnership where one party provides the majority of the financing and the other partner the occupancy?

Investors want to fall in love with the numbers.3.

It all starts there.. with the right combination of motivation, persistence, and tenacity, the rest falls into place.Thanks for the great read!

I have spoken to quite a few people in the last six months that were looking at Olmsted Falls to live, seeing the cost/value ratio there being much more preferable than some of the other West side suburbs.