Originally posted by Demond Bradford:Does that also apply to additional mortgages as well???

Hi Jeremi.As mentioned, you might want to have an addendum to your first/ original property management agreement. 

Originally posted by @Daniel Fitzroy:@Mike G.How does a crm apply to real estate?

You can leave your original mortgage and pay principal early. 

This isn't including other expenses I know but I was planning to self manage the property and hope rates continue to go down so I could refi in the future and gain more margin in rental income.After further analysis and speaking with a friend thats a real estate agent I may want to shift my original plan and sell it.

Oh and the original Incumbent tenant dies of natural causes in the unit one month prior to closing in June which delayed it again.Needless to say...

Originally I was just going to flip this property,  now I really want to keep it as a rental. 

Simon, Here in FL its much easier for us because we know a few things:1) The U.S. is severely under supplied in housing units. 2) Tons of people are moving to Florida everyday which makes point #1 even more drastic for us. 3) Interest rates are preventing people from selling their homes, because then they would need to re-trade for a higher interest rate buying a new home, which is creating even more housing demand.So with this knowledge, now we move to more market specific data, which is what I talk about in the original post.If a market shows decent growth and demand, then it all boils down to the numbers.Its important not to forget about any costs though.

SECU is easier to qualify for with lower scores, but comes with a 1% origination fee.

You'd be leaving the original home intact and that shouldn't affect the terms of your loan.