Having been a former lender for 18 years, I can give you a little help in that area.You stated that you dont own a primary residence.

I have a SFH in MD that I purchased as a primary residence while living in MD from 2008-2010.

I am a fellow Indiana resident.

Now, I've got my primary residence, 3 properties, and just got an accepted offer on the 4th deal :)As far as analyzing your deal, Check out the Real Estate Deal Analysis and Advice sub-forum.

The FIRST thing you tell them is "I talked to your the residents next door and they are very upset about the condition of the property, mice, snakes and etc..."

Did the same thing (sans the crack house) five years later on another primary residence.

I was just doing some cleaning and found a bid I had gotten a couple years ago from my (former) plumber of mine to do some basic work on my personal residence.

When the police department intervenes at a gathering which constitutes a nuisance under this article, the premises ... shall be posted with a notice stating that the intervention of the police has been necessitated ... the date of the police intervention, and that any subsequent event within the period set forth below on the same premises, which necessitates police intervention, shall result in the joint and several liability of any guests causing the public nuisance, or any persons who own or are residents of the property at which the public nuisance occurred....

I did the same thing with my primary residence.

:July 1, 2013Dear Happy & Satisfied RenterFace:Your residence has come under new ownership/management; we represent Happy Cash Flow Lover, the new property owner.We would like to take this opportunity to introduce ourselves and the primary rental policies we use when working with our tenant residents.