@Hunter Beckstrom Although I prefer multi family due to scalability and economies of scale I still regularly look at and run numbers single families.

Due to it having section 8 tenants it needs to be regularly inspected and it just passed another inspection yesterday.

Regular property managers for single houses and condos may not be willing to take them.I don't want to self manage either.Do the tenants have a higher rate of default than condos and single homes?

Installment Payments: The buyer makes regular payments to the seller, which include both principal and interest.

Any one of these could and regularly trigger a special assessment.

You can potentially qualify for a regular rate & term refinance of the 91k loan (plus closing costs) within 12 months.  

@Andrew AcunaPlenty of arm chair investors that don't know the difference between a shoe horn and shoe molding.Regrettably the majority of tenant problems are created by incompetent landlords.You have read the posts....my tenant regularly pays late.

Better tenant selection and regular inspections will stop this from happening.

Regular channels for mortgage will not work....

Would you then say AIO is better than the regular 1st position HELOC?