Long-Term Play: Those who secured land at high valuations must now decide whether to hold, develop, or offload.New Construction and Infrastructure DevelopmentColumbus has seen a surge in homebuilding, particularly in response to anticipated demand from Intel-related jobs.The delay may impact financing and absorption rates, leading to a slowdown in housing starts.Infrastructure projects tied to Intel’s growth, such as roads and utilities, will likely continue, but at a measured pace.Commercial Real Estate and Small Business ImpactsMany businesses and developers bet on an influx of Intel workers fueling demand for retail, office, and industrial space.This delay could create leasing challenges, with some developers reconsidering near-term projects.On the flip side, a more gradual ramp-up may allow local businesses to scale strategically.Opportunities for Savvy InvestorsBuying the Dip: If land or housing prices see a correction, it could be a prime buying opportunity for those with a long-term outlook.Pivoting to Other Growth Areas: Columbus remains an attractive market beyond Intel, with a strong job market, affordable cost of living, and other major employers expanding.Building for the Long Haul: Delays happen, but Intel’s presence in Ohio is a long-term game.

@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.

I am also self-employed and have a good amount of time to work on this.Now I need a house.

For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.

For example, we do background checks but no proof of income/employment check.

Rinse and repeat as many times as life allows, or convert to buying pure investments.Consider employment with a property management company.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

Are you self-employed?

Honestly the rates are completive with what banks are offering, the closings are faster, no tax returns, employment checks, or DTI constraints to worry about.

It seems like this would have to be some preset terms under employment agreements.