My end goal is to do brand new homes but i want to start with a few flips.My major concern is working with general contractors, since I had a bad experience my first time around.Looking for a mentor as well specifically in new construction, willing to be your shadow and assist you wherever you need.Are you looking at residential, or looking to expand into subdivisions?

At the national level, it's the best of the worst in that industry - a lot left to be desired in the customer service department but still better than doing it on your own.

Definitely start by chatting with the planning department.

The same agent is still holding the listing, proving the original advice was deeply flawed.A listing that sits for two years with a major price correction carries a stigma that often hurts the final sale price more than a quick, accurate initial price ever would.This example is a powerful reminder that many realtors are disconnected from accurate market values and prioritize winning the listing over serving the seller's best interest.What is the logical next step for this seller, and what responsibility should the initial agent bear for the wasted time and lost equity?

I am attracted to the higher possible ROI and can do majority of the cleaning and maintenance/repairs myself so I don’t mind the higher turnover.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

I’ve noticed increased interest in Indianapolis multi-family properties over the last year, especially in areas close to downtown and near major employers.

If I need more money for a major capital expense than the funds coming available can provide I can withdraw funds from the other certificates and lose 3 months of interest - which is still better than what I would be getting in an interest bearing MMA.

Bid at least 2–3 contractors for any major repair.Property management reality.

https://shorturl.at/0adHXThe author lays out his argument that the housing market may be on the cusp of another major downturn.