Arm Loan - 5.250 (after five years the rates can go up 1.25%  ( I will need to refinance before year 5)  Need more info on loan amount, LTV, then can run the payment difference between the two and I’d also need more detailed info on the 5 year arm, as far as margin, index, floor , ceiling, adjustment periods. etc.  

Without seeing more details, it's tough to go into the weeds. 

Am I missing out on a key detail?

Most realize the details during tax planning with their CPA.This post does not create a CPA-Client relationship.

Even an after-hours emergency call should have been less than $200.I would contact the locksmith to verify this is a legit charge and get the details of what happened.If it really was a broken knob, then I think it's only fair to absorb the cost.

If you build (via managing a general contractor), you should (ideally) know more about how the property was built than if you bought an existing home--you know what's behind the walls, and ideally you might avoid anything wrong with buying an existing home with issues you and your inspector didn't catch.I understand there's risk to building--it just seems right now that the risk is lower than buying an existing house--a house where you simply cannot know every detail without tearing it down to the studs and doing a complete remodel.

You might be able to check how much inventory is already in the areas you are looking.Happy to talk through your plan in more detail and let you know how my experience has been.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

I can get into more detail if you would like.

There's lots of great tax pros here in the forums but you will receive different answers here because they don't have all of the nitty-gritty details of your specific situation and strategy.If you don't have a tax pro you currently work with for tax filing, I can recommend some to you that we recommend through our REI bookkeeping firm.Let me know!