Start with your REIA for a name.And I would get your RE License, so you can both buy as a principal and get a commission for a listing both buyers and sellers and get access to the MLS.Here is a NY option to purchase agreement with some other agreements, see an attorney.  

But principal paydown and appreciation is going to be multiples higher with the 2nd option.What do you think?

The "50% rule" states that one can expect expenses on a long term average to total to roughly 50% of fair market rent, where the expenses include property management fees and capital improvements also but exclude principal and interest payments; principal and interest payments come out of the other half of the rent, and whatever remains is the net cash flow (if any remains).

Principal Amount $99,200 , 179 consecutive payments of principal and interest $701.32 every 5 years interest rate is based off US Prime rate plus 1% and year or 2033 will be balloon payment of $37,120.  

The principal is secure and less volatile than other common retirement assets. 

Last offer submitted this morning was:Purchase Price: $85K ($120K comps)Down Deposit: $3K$82K financed - 25 years term, 5 years balloone3.25% Int (no interest causes issues with IRS)Monthly note: $387.61Early 2023 REFI to pay off principal ~ $69,400.

Helped someone else more, but didn’t appreciate your principal investment, which is your money and portfolio.

There is one other element to the return worth taking into account: the monthly mortgage payments consist of both interest and principal.

If rent is going to cost the same per month, you will loose out on principal pay down each month and the mortgage interest tax deduction.

So if your house will make you 1k per month or 12k per year, the Net Operating Income is 6k per year. take the NOI and subtract your principal and interest payment from that.