Your tenants who faced with an already tight household budget may decide to rig the issue instead of fixing it properly.  

By the way, the 3.5 to 4.5 % fixed rates are over.

Investment Info:Single-family residence fix & flip investment.

EG; Fix and flips, Turnkey, Multi, etc? 

Inflation will cause rent to go up and if your debt against the property is based on fix rate, your odds will only get better.

COLLUDE With Judges like KAREN PHIPPS to case FIX court case outcomes so the public doesn't know their fraud scams that include insurance faked claims with frivolous incident dates of known pre existing conditions putting tenants lives at risk SEE CASE COLUMBUS OHIO FRANKLIN COUNTY COURT OF COMMON PLEAS 22CV003620 AND OHIO SUPREME COURT WRITS : 2024 1311,1314,1315,1319,1320,1339,1360,1362,1378,1400,1420,1448,1471,1474,1502,1588,1601See FRANKLIN COUNTY MUNICIPAL COURT cases 2021 EVH 060439 AND 2021 CVG 020711 FAKE AND UNLAWFUL LANDLORD RETALIATION EVICTION BY ALL COUNTY NEO'S  ATTY WHO IS THEIR CLIENT🙄THEY ARE ALL CORRUPT and fraudingI would be careful about labeling an attorney as a fraud on a public forum.

To achieve this, the rental income must meet three requirements.Rents Must Outpace InflationInflation steadily erodes the purchasing power of a fixed amount of money.

Leases should match the loan ownership—use your personal name until properties are transitioned into an LLC.

Currently my credit is under 515, I know I can fix it but need more income and cash.

Hey Samantha, I'm personally not a fan of paying off mortgages—especially fixed-rate long-term debt like yours.