These loans allow borrowers to pay only the interest on the loan for a set period, usually the first few years, before transitioning to paying both principal and interest.

I can tell you I've had quite a few owners calling me in the last few months looking to transition their STR into LTR for the same reason, and like you, many are stuck. 

To further cut down costs, they have some crazy distance allowed from mass transit for not requiring parking (I forget exact distance but maybe it was 3 miles).  

Fractional real estate investing appears to be having a renewed interest and growth over the last few years so I am transitioning into fractional real estate investing in new construction luxury STRs.

I've just started the journey to transition into real estate investing.The sum total of my real estate experience has been buying my first house over the last two months.

Being active duty I take for granted the steady pay check the 1st and the 15th unless you have stable base it may be a difficult transition.

The first Multifamily purchase is my learning point and hopefully will transition into a home community for my family with a plan to transition that Quadplex in 2018.

She can only control when she deposits it.With your credit card example - if you are mailing a check, then yes, you would want to factor in transit time.  

What's next for you now that you're transitioning out of the corporate world?

I'm a real estate broker here in NYC transitioning into REI in the Newburgh area.