I've been listening to the Bigger Pockets podcasts, reading many real estate books and just trying to learn as much as possible about real estate investing so when the time comes, I'm prepared and ready to jump in by buying my first rental property!

7.If you like the property, are you willing to fill out an application for a credit, criminal, and eviction history report?

We have been using TransUnion SmartMove, but we would like to see an actual credit score, length of employment, etc. 

Can I ask the bank for the extra 40k to do whatever repairs necessary to my liking, such as on a line of credit.

You can tell who is going to be a handful and who will be easy to work with based on how they communicate during the initial screening & showing.Every Class A tenant we’ve had initial doubts about for personality/credit related issues, inevitably made for a tougher year - even if they always paid (which is still the end goal).

He wants to rent with a lady (she has 15 yr daughter) with 700+ credit score, 2x salary vs rent job, BUT she has "judgement from court" for child support services ( She needs to pay  for child support).

Can you please recommend a few local banks, credit unions and mortgage brokers that can help me build a portfolio in Indy.

Thats my only debt.My credit is about 600, So i beat the 580 minimum.

If work comes up then you have 40% each month extra to pay off a credit line that covers the expenses. 

I'm unable to remember who created it, so can't give the proper credit, but here's the link.