I was wondering whether a pre-approval letter from a bank should always contain the pre-approved amount plus the interest rate for the duration of the term? 

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This lot contains a couple acres middle of town for 500K.

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Read every post on here that contains Self Storage. 

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Keep your leases to 1 year or less and you will be fine, especially if you have fixed rate debt.Real estate (with debt) is a great inflation hedge.Thanks for your good advice.Unfortunately inflation skyroketting during political upheavls is not unusual.I nearly escaped one when people savings evaporated overnight.People in the USA have not experienced this recently and seem to not do anything about what is going on.I would not discount this scenario only because I have seen the "undemocratic and violent ways" when the ship goes down. 

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I live in Derby Connecticut and just bought my first rental property in Naugatuck Connecticut about 8 months Ago, and I’m interested in building shipping container homes in the valley area.