The point is depending on what was done and when, you could have a strong case or a weak case.

Lots of great connections all over but we also have a very strong and active contingent here in NH and MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.Besides doing that on here make sure to get out to some of the many local investor events we have.  

As a newbie to BP, I'd strongly suggest listening to the BP podcasts.  

“Despite the slow indicators we saw earlier this year, 2015 is on pace to be one of the best years for housing since 2006 due to strong sales and higher than predicted home prices,” said Smoke.

That may come back very strongly with in the next 5 years.

Your very presence will remind them of that question/problem/favor/etc.

Granted his target audience for this advice is largely those who have trouble managing their finances, but a lot of investors with strong financial management skills might be better off performing their own analysis to arrive at a decision to finance or not.

In general in this area of CT it is hard to make the numbers work for SFH rentals in areas you would actually want to own one in.The multi family rental market in Middletown is very strong because you attract renters from east and west of the river, and it is a more than reasonable commute to Hartford or New Haven from there.I went to HS in Wallingford.

You'll want an attorney presiding over the transaction.That said, I strongly urge you to seek training before proceeding.

This is a very good question and one I feel strongly about when new investors are interested in becoming a landlord.