I can't comment on the Indianapolis market but I am always weary of individuals jumping into flipping houses as their first exposure to real estate.

This community is full of helpful resources and knowledgable professionals eager to assist during your journey.Have you chosen a brokerage yet? 

Often times these approved vendors are more expensive than the individual you can contract with on your own because they know they are the only show in town.3.

You can do FHA with 3.5% down- less in some states with down payment assistance, but you're better off doing a conventional at 5% down if you can swing it. 

I’m always eager to expand my knowledge and network with like-minded individuals.

I noticed a lot of what people are saying that the experience and the way I talk seem like I am going in without a lot of knowledge, and my biggest obstacle is experience.I am making up for that gap of experience by doing things like this, talking to successful individuals like yourself and everyone else on this thread.

I brought my nephew with me for about 12 of my trips last year and I am much more limited this year, but I have been pretty much running the shadow management(managing the PMs as my co-assistant with another gal) on about 3 of our STRs and 2 of our LTRs so he has his hands full.

@Yixuan Du I would recommend going to local Real Estate Investor meet ups in your market to meet like minded individuals like yourself who have already done what you want to do.

That will be up to the facts of your individual case.

This guarantor, who may be an individual or another entity, will be responsible for the difference between what is owed to the lender to make them whole and what has been recovered.If the lender makes the loan to an individual (natural person), this person is implicitly the guarantor via the note, and no separate guarantee is needed.