Contrary to popular belief, this is not set because I believe it will give me a higher return.

How much lower depends on what time of year the home was completed- Usually can charge a much higher rent for new homes.

I've seen where people add so many loan extensions with optional payment.Say 1k gives you a 1 or 2 year extension and this can be done 4 or so times.This agreement could be changed so many ways to make it work.You could offer a higher interest rate after 7 years to extend to 15 years.

This gets my mortgage payment barely at break even for LTR value, (could be negative cash flowing), and lowers to about a 6% CoC (with down payment, renov and furnishings' costs)About 1.5 pt lower than my goal and with an MAO $10K higher than I wanted.b.

Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Since it’s the largest home in the neighborhood, that can be a bit of a challenge, but you can turn that to your advantage with the right strategy.First, consider tweaking the price slightly—either lowering it a bit more to attract attention or pricing it closer to the higher end if you’re targeting buyers who value the upgrades and space.

Flipping has the potential for far higher annualized returns, but comes with all of the construction risk and reinvestment risk to get the next one. 

I typically recommend that community for people that plan to use it personally and can justify the higher HOA costs and membership fees.

The policy consideration behind the higher leveraged loans is to provide financing for individuals who have high earning potential and are at the start of their career where the earning potential has not yet materialized and perhaps are dealing with the added burden of student loans.