All Forum Posts by: Jon Benson

We're new to the site, but it looks very helpful.

We've been looking to buy a house to rent out long term (under $200K). After a lot of research, Indianapolis seems like the right fit. It would be an OOS purchase (we're in Virginia). We've been saving for a long time and looking to pay cash. We need help understanding Federal and State taxes (how much should we expect to pay each year in taxes), the right areas in Indianapolis to purchase a house (and the areas to stay away from), a good property management company, a good independent home insurance agency, and help understanding what we wouldn't even think to ask about. Also, what are the benefits and disadvantages in purchasing a multi-family home. Thank you ahead of time for any and all assistance you can offer! :-)