Also, how long did it take?

Hi everyone,I am currently planned to close on a rental property in southern Indiana and will inherit a long term tenant.

Likely at least 1-3 properties owned and operated within the last 3 years.

4) How long have we paused rates?

It is not  optimal for long term debt. 

@Adam WalkerIf your strategy is buy and hold long term and you can afford the payments right now then I would say continue to hold.

Lastly, I would ask them what their rate lock policy is, as you want it locked immediately upon the credit pull for at least 30-45 days. 

Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.IMPORTANT: do NOT ask people for THEIR business, ask for referrals!

-Thinking long term, is this something I could scale to make my primary source of income?

For example, the unemployment rate, relatively low, is 6.5% versus MA's 3.5%It's been a long time since I was more familiar with Springfield, so I'm not sure about the impact of the casino.In general, similar to other working class cities like Fitchburg, in Springfield I'd imagine you'd fine the following conditions:- Attractive Cap rates- Medium vacancy- You're paying a realtor or property management company to find tenants (in higher end cities the tenants pay the realtor fee)- Section 8 tenants -- could be a negative or positive, depending on your view.