BRRRR - Spend another $5-6k sprucing the place up with new pergo flooring fixtures- Spend additional $20-30k adding a 4th bedroom to the back porch area (I'm a noob, so not sure how well I'd do price wise first go around) - Refi at the value of an updated 4BR comp and pull out 70% of that- Rent for a likely higher cash flow (figure around $500/mo) 3.

NW Indiana is ok, but most of the bleed population wise is from the far southern suburbs.

@James Wise has a great video series on YouTube on turnkey investing gone wrong, and he includes a guide to evaluating turnkeys in one of said videos.

Thinking it might be wise as I don’t see us purchasing anything other than STRs over the next 5 years or more.

not a bad market but it had pretty much-done nothing (or VERY little/much less than other metros during the same times) in 15 years price-wise.

But you can still feel free to reach out and discuss the option and if there is anything he can do, Having the appraisal also helps as now you know where you are LTV wise.

Would it be wise to give them a copy of our checklist with their move-in packet or just keep that for our records? 

I’m currently coming off of a deployment and getting ready to transition back into civilian life and I’m trying to make some wise decisions with my money.

If not invested wisely though, it will run out. 

Great decision researching the KC market — I’ll message you to discuss what I’ve done investing wise.