Be flexible and make well-informed investment choices that align with your objectives and criteria.Good luck!

I also understand that I'm converting long term debt to short term and at a higher rate, but although the point of RYM is pay off your mortgage balance faster, I am mainly using it for the flexibility of accessing my equity so my ROE is not zero. 

Here are some things to consider when deciding whether to lower the rent: Evaluate Market Demand,Assess Feedback, Be Flexible, Remember, finding the right balance between maximizing rental income and minimizing vacancy is key to successful property management.

We are currently trying to acquire properties with consistent cashflow to give more flexibility for other investments that fluctuate more like STR.

Flexibility: 1031 Exchanges offer investors flexibility in selecting replacement properties, allowing them to tailor their investment strategy to their specific goals and preferences.

Both 12-month + month-to-month and 18-month leases have their benefits: 12-month leases offer stability with flexibility afterward, appealing to tenants who prefer shorter commitments, while 18-month leases provide longer-term stability, attracting tenants seeking predictability.

It is convenient for me since it's flexible especially with the installation and removal.

I value schedule flexibility.

A 15 year mortgage requires you to pay whatever the monthly payment is with no flexibility, with a higher payment.

If you and your partner want to maintain flexibility, you should set up your ownership as two Tenant In Common owners with an undivided 50% ownership each in the properties.