Total return through principal paydown, tax savings and cash flow were about 182%.My real estate strategy is clear:Acquire real estate properties that cash flow on 10 and 15 yr mortgages (I already have all my 30 yr slots taken)Acquire real estate in good areas (accomplished with this Collierville property)Acquire real estate to save on Federal TaxesUse 30 yr mortgages to support shorter term mortgages with lower cash flowOnce 10 yr mortgages get paid off, start paying off the oldest 15 yr mortgagesKeep acquiring properties to save on taxes as deprecation schedule is being accelerated At some point, with enough paid for homes, start paying myselfThat is why the 182% return is so important.

Because of this, you now have 2 open slots with Fannie Mae and can now buy additional properties and refinance them with a Fannie Mae loan.

That will open up your Fannie Mae slots.

@Shree Pola , are you looking for a contractor to do all the remodeling after water or only the plumber?

Step one: however many of the 10 Fannie slots you have left, use them up.Step two: commercial loan from a commercial bank.

Can you refi out of the FHA loan to free that slot up?

I was trying to gage the gross income and the occupancy rate was one of the slots in my AirBnB calculator.

that some investors have used electronic door deadbolts with the buttons for the passcode as well as the key slot, to eliminate tenants from calling you to let them in if they forgot their keys etc.

I would like to continue obtaining FNMA financing, so the question is this:Can I transfer any of the these properties into an LLC (that I would need to create), in order to free-up more slots for additional FNMA financing?

Now a spouse has a few freed slots.