Why pay off a low rate interest.

Look for properties with low taxes, separate utilities, strong demand, and potential for rent increases.

It is not a strategy that I particularly like, especially when you are low on cash.

The net result is basically the same, but it keeps the two properties separate from a lenders perspective.Any low down payment money, particularly on an investment property, is going to come from a private money lender.  

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

They are inexpensive, they usually come with mineral rights (big plus in Texas), they typically have short redemption periods, low rehab costs, and sell quickly at the right price; they also have large ROI. 

If there were a bulk subscription I could get all my tenants for a low annual or monthly cost I would consider it though

AlabamaAlabama residents enjoy a low cost of living and a thriving economy.

But we moved out the low rent tenants and after the rehab we filled all units with market rent tenants.

Although the market is a low cash flow market due to its very low risk being so close to Washington D.C., long-term holders who participate in the upcoming rent increases and leveraged home price appreciation will see a strong opportunity to create Alpha in the market.Deep Dive into the Developments.As you will see, there are many different amazing sub-markets in Alexandria to invest in right now.