Varies heavily by bank/lender.

So far, it’s worked well and I’ve had great guests, hoping that continues!

Anecdotal, but just my experience.Impacts on future borrowing ability: this will vary by loan type.

Their ultimate goal is to make your properties profitable so you continue to give them more business as your portfolio grows. 

But I'm continually intrigued by the value of the leasehold properties, but just have such a hard time wrapping my head around if it would be worth it to invest in a leasehold with 15-20 years left.

In contrast, in Miami, where it’s hot year-round, ACs are constantly running, which encourages regular ventilation and often delays the need for vent cleaning.Generally, I recommend a professional HVAC vent cleaning twice a year, but the actual need can vary depending on usage patterns and current system conditionsDo you mean twice yearly servicing of HVAC or twice yearly vent cleaning?

Indy can definitely be a strong market for long-term rentals, especially for out-of-state investors like yourselves.When it comes to neighborhoods, taxes, property management, and even things like insurance or what to watch out for—there’s a lot to consider, and the details can vary depending on your goals, the property type, and even your comfort level with certain areas.

I don't quite understand mortgage loans yet and know there are varying ones to choose from such as FHA, conventional, etc.

Is your weekly schedule consistent, or does it vary depending on deal flow and management demands?

However, it’s important to verify the specific requirements in your state or municipality, as laws can vary.