What are typical terms on an income property? 

I'll be checking the typical Century21s and national banks starting tomorrow, but I know there are private lenders I can find.

Typical guy stuff. 

They must pay income tax as they earn or receive income during the year.Estimated taxes – If the amount of income tax withheld from a taxpayer’s salary or pension is not enough, or if the taxpayer receives income such as interest, dividends, alimony, self-employment income, capital gains, prizes and awards, they may have to make estimated tax payments.Self-employment tax – This is a Social Security and Medicare tax.

Real estate taxes are typically not personal debts... they are liens against real property that follow the property, not the owner.

I received a letter from them for possibly lending on projects.I would rather trust the judgement of the Experienced Investors on this site.Any help would be appreciated.    

.**  My understanding through the professionals I have engaged, is that since i was 1) not a named beneficiary on the account, but received the account through the estate, and 2) have to take the distribution of the entire balance by the end of this year (5 years since my mother's passing) I have no ability to roll the account into another tax sheltered IRA, self directed or otherwise.

Each property receives mail every 3 weeks.

Typically it's a buy, big rehab and rent.  

Do you know if I need to receive a mortgage from a bank in my area, or do I need a pre-approval letter from a bank near Indianapolis?