Location is in Hammond, Indiana; Distressed sale; Free and clear$2.85M ; $1.8M repairs ; 42 units plus 20 units and a free land in between (parking or build more units)  42 units has 15x1 bedroom and 27x studios , 20 units has 12x1 bedroom and 8x 2 bedroom units The 20 unit needs its walls repaired. 

This home listed as pet-free home.

If you have any other specific questions please feel free to ask openly here, or via DM.

(Obviously your primary would not be eligible for a 1031 but would be 100% tax free.) if you owned it less than a year you’d owe regular taxes and I’d suggest holding on for a year if possible. 

I'm a licensed agent, own a property management company and have a great network of contractors we work with so feel free to reach out if you'd like to chat more about this market.

Snowboarding, Skiing, Ice fishing, Hunting, and Christmas vacations in general in the winter,Feel free to reach out if you have any questions always happy to talk REI or the North East!

One way or another, you will want to sell within 3 years after moving out so you do not lose the tax free gain on sale (up to 250k tax free gains for single and 500k for married).

I attended a free event that shared a few useful tips and offered for $300 to provide resources to actually use when finding and analyzing deals, as well as resources on how to find leads for off-market deals, etc.

Feel free to reachout

Feel free to PM me if you would like to chat further as well!