This is not meant to be insulting but given the above question on how to fill out a PA, I would strongly encourage you to get some professional help involved while you learn.  

I'm starting this discussion to document our experiences and also seek advice/insight from the BP community as we know we have a long road ahead of us before closing... and not to mention the reno!

There have been talks about starting an official brokerage and having the schools be a major client and start seeking outside work doing investments and leasing.

My goal is to speak with a few more professionals in different fields related to multi family properties specifically.

If you are an investor, LL, real estate professional, contractor, painter, maintenance person, or at all interested in Northwest Indiana real estate, join on in for discussions.

Tax implications can always be mitigated by a good tax professional.

I agree, you need an attorney and a tax professional on board with you.

Instead, think respectful and professional interactions, open and honest communication, prompt response to tenant needs, establishment of good property management systems, and customer service. 

Remigo - I'm not a professional, so can't say for certain, but I'd think central CT hasn't enjoyed the same upward movement that Fairfield county has seen over the last several years. 

Hi friends,  purchased my first rental in may this year, got it rented in mid June, signed a 12 month contract with tenant, about a week ago tenant sent me an 'official' email that there is a mice/rat problem, although there were cheaper options I went with professionals who were charging me 7-8x only because this is a long term investment and I wanted to get it solved, the pest professionals sealed the attic and set traps, they followed by couple of times to remove traps and refill bait boxes, my tenant now sent me lease termination letter citing health concerns due to mice/rat problem, they paid for current sept month and said that I can keep half the deposit for Oct.What should I do here, they have three small kids so I understand the reason for concern but I am also doing my best to solve the issue, should I go ahead and accept their termination or should I fight it out, not sure if involving lawyer is good as I am trying to make some cash flow and not lose it.. please advice also I am from Texas and would love to hear about TX law on this.