It could help you get a lower rate or reduce closing costs.Good luck with your house hack!

Now I want to update or amend the lease to a DOUBLE NET LEASE to reduce my expenses. 

Hi Spencer,For 2025, bonus depreciation will be reduced to a 40% limit.

If portfolio growth is not the goal, then it definitely reduces some of the risk on your side including third party risk (the bank being a party with a vested interest in the property), but also yield adjustment risk.

There's lots of tax planning on this and I would suggest to take a professional opinion on how to structure a transaction in a way that you can make it into capital gain tax or reduce self-employment tax.

They may have more flexible terms compared to traditional banks.Just be sure to check the interest rates and repayment terms since borrowing against your policy can reduce the death benefit if not paid back in time.

Do not reduce rent or offer other incentives.

Seeking a mentor can speed up learning and reduce mistakes.

Mine was overall, fine for the markets and market cycle I was in at the time, but other people can share some real stories that might help you understand that Section 8 does not reduce the risk of owning a property in anyway.  

It did significantly affect their reduce GDP growth during the Victorian age.