I'm currently based in upstate New York and looking for out-of-state rental investment to build long-term assets.For my first gig, I'm looking at acquiring, and renting, a Single Family Home in Carmel or Indianapolis, and I'm looking for perspectives on these markets, recommendations on realtors and turn key providers in the area, and any other tips you'd have for a new starter.Excited for journey ahead of me, and I look forward to developing many partnerships and friendships with many of you!

@James Wise - That puts things into perspective.

@Maneesh JoshiYou should consult with a PA attorney regarding the set up of a PA LLC.CPA's can give input on entity formation from a tax perspective but IMO should not deal with the formation itself.

The safeguards and diversity that a prudent investor would adhere to must be present.So put that in perspective relative to the lending arrangement you are considering. 

The cashflow would be OK from a % standpoint but from a $ perspective it'd be good.

@Jaysen Medhurst, appreciate the perspective.

Haven't gotten in to the lending side but this is great perspective. 

It's a beautiful home in a great location BUT after reading Rich Dad Poor Dad, I have a totally different perspective on assets and liabilities. 

@Dan HeuscheleThanks for taking the time to give me some perspective.

Looking at it from a cash flow perspective, it would make sense and provide some more security as I am somewhat leery to rely on ABNB rental of the basement.