But moving in is 100% the best deal for you, the easiest and most rewarding.

This is typically how I approach my investing since I'm more in it for the long haul than short term rewards.

Consider your comfort level with managing several mortgages and the risk of vacancies vs a slower but potentially more rewarding path to ownership.

We are in the process of finding  a HM lender to finance  a lot and spec build.We have a lot that we want to purchase and already have the plans and have built this house numerous times already.One lender is asking to have a permit issued before they move forward.

The risk/reward ratio does not seem worth it, there are other less risky places to park your money with better returns at the moment.Also, as someone pointed out, you didn’t account for property management.

You'll encounter setbacks and face numerous rejections and criticisms.

But helping someone else do so is still very rewarding. 

@Kelli Powell we have 10% upcharge for all MTM leases.Regarding MTM for winter, our lease has a clause, that we remind tenants of numerous times, that if they are still in the property as of October 31, the lease shifts from MTM to they have to stay until Feb 28 - and can then go MTM again.

It's a thrilling and rewarding world, but it can also be overwhelming for newcomers.

I was lucky and I survived and flourished but there were lots of times during where I thought I was screwed.While the reward was pretty great, the risk was huge, and I would definitely not do it again unless for some reason I really, really needed the money.