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Hello all, I will be moving to Indianapolis, IN this July. I am looking to find a 2-4 unit multifamily turn-key property in a B class neighborhood within 30 minutes of IUPUI. I am approved for 350K. I currently live in Nevada and house hacked a 4-plex, which I have lived in for the last couple of years. It has worked out great!! I am addicted to it. I would like to do the same in Indy.
Hey there! I've been exploring the idea of adding ADUs to some of my properties in Indianapolis as well. While I haven't built any ADUs personally, I've done some digging and chatted with a few investors who've gone down that path. ADUs can definitely be a valuable addition to your properties and help boost cash flow. But, as you mentioned, there are a few hoops to jump through, like dealing with zoning regulations and getting the necessary variances.
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