In addition to my role in mortgage underwriting, I also own a duplex, which has significantly fueled my interest in the real estate sector.

I am seeking to purchase BRRRR properties for long term investments as well as fix and flip opportunities for additional income in Brevard County.

I too am in the same stages of researching Indy and much appreciate all the great info you’ve learned and the insight.

Good insight and I still have research to do.

In that case, the best option remain is likely to wait for appreciate to raise the property and rent in the future to provide more cash out refinance options or simply find other ways to come up with additional down payments.

Awesome insight here thank you!

Granted there are also additional financial burdens not reflected in the credit report. 

. ;)  In addition, you may close on a lease/rental, you usually get commission in the entire lease term.

Now he says he isn't going to do what's required to get the permits and he is putting a lien on the property if I don't pay him an additional $40K on top of the $51K I already paid to date.

Additionally, I could enter the fray of the council meeting putting as a potential buyer, describing my idea for the property and helping sway them into allowing nonconforming use.