Pay off current mortgate in full before buying another home ?

[Omar Luna]

Hi everyone, my wife and I are looking to turn our current residence into a rental property. We have about a year and half before the mortgate is paid in full. We will be putting 20% for our next home, we would like for our rental property to cover 80%-100% of the new mortgate payment. This could help us to save another 20% for the next rental property much faster. We would love to get some feedback if this would be a good route or not, any ideas, suggestions, recommendations would be greatly appreacited.