The loan terms as you describe them are mostly likely the result of an aggressive small bank, and the previous low interest rate environment.

There's enough different folks on this forum operating in different markets that you might get some valuable input.I think one of the biggest things is, does the macro environment signal growth?

Even if my tenant is late with the rent, I still check in on them and make sure they are well and the house is in good condition, and a clean environment for them to raise their children there.

(Adopted 1/07, Amended 1/12)Business competitors can and must coexist in a mutually beneficial environment without bashing each other. 

Sorry bud, 6% was no longer attractive in this rate environment.   

I feel like this property would offer a relatively safe environment to gain those experiences. 

You must always verify what you are being told.Second, in today's environment, you must be a patient investor. 

I have spent many years improving houses as a licensed contractor and really all you should worry about is making the place look clean and safe but let the new owners use their imagination and especialy their wallets to create the environment around the house they prefer.

I haven't been investing for long but rates have gone from low 3%'s to now close to low 5%'s.Will this rising interest rate environment change anything in your business and what will you do to adapt?

A great environment to learn all about real estate investing.