So theres alot of upside and equity to be had, but if appraisers are just going by comps and physical condition (just as they would have with a 1-4 unit) then i wont increase value by cash flow improvements, ill only gain equity by replacing the windows and new paint, which i plan to do.

So anyone reading this and of course there wont be many since its innocent people that get taken and they are not on BP . 

Just like we are headed for a CRASH any minute now the pundits are saying.. we maybe a recession but wont be lead by real estate this time around..

Other folks have commented about the suboptimal merits of this deal so I wont pile on.Let me know if you have any other questions about title agencies or investing in specific neighborhoods in Indy - always happy to share. 

Every family that rents it just packs it full of kids and other family members and they destroy it... and because it's so large everything cost twice as much to turnover/repair I'm thinking about selling...

Generally a soft inquiry wont effect your credit whereas a hard inquiry will.

How can this be possible if foreclose bank wont let u fix property?

It wont be exposed anyway.

Anyway the whole Chimney was destroyed and and had to rebuild. 

I have thought about air bnb for short term rental but it wont be my first go to.