Check in with @Joseph Chiofalo for construction loans or construction to permanent financing.

I have a conventional loan held by Mr.

Commercial loans and insurance anyway. 

If you're considering it for a STR play know that Arlington has a VERY small zone that permits this.

So without my knowledge, I bought a turnkey property with a tenant that wasn't paying (never paid), I had to evict them (pay for the eviction), I had to pay for the turnover cost which was thousands of dollars, and I've been lied to by at least the property manager that came with property within 2 months of signing on the property (August).So I got everything fixed, the PM wanted to get the property rent ready.

I got a good deal on the home, approximately $50 – $100k under market value, but I now have conditions for the conventional loan.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

@Eric Lowe Visionary Lending, REMN, and The Loan Store, and Oaktree Funding have this product. 

Finally, even though Indianapolis University is small, it's always good to have a great institution nearby.

Key actions include studying the market, checking out properties, forming a team, getting the money ready, and beginning with something small.