It's a sign of achievement for him, but more so it's something nice to leave his kids when he dies. 

The detached house had mold in the crawl space and attic.

I'm assuming they are grown adults and not kids. 

He has 3 kids and they still are struggling with the idea of buying a house and all the extra responsibility it could bring as well as expenses.  

Your post doesn't have enough information to make an informed decision on Indianapolis in the multifamily space.

They are risk-free and not taxable until redeemed and not taxable if used to pay for kids education. 

On top of that you have the young kids from Braddock that run around everywhere making the neighborhood what it is today.

@Jason MercheySo overall, yes we do hace a tsunami of new MF inventory slated to come online in the next 2 years, however, unlike other asset classes the MF space is going to react differently.

Hi all, in the process of learning more about the multi-family space and would like to team up with an expert and syndicate on other peoples deals to learn the process.

The PM team, immediately started making the list of required repairs, but each time the HD would return to the property, they would discover new "violations" such as a lightbulb being out (I'm not kidding).