Hi Hyeonji, there isn’t necessarily a savings advantage of leveraging a 2/1 buydown, you would just be doing it to help bring down the payments for the first 24 payments, to improve monthly affordability. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I feel like we should be taking advantage of the equity, but how?

Automatic transaction entry and reports per property and per expense category. 

Does the tenant have any advantage he could use against me? 

However, in the big picture, the demographics of our society are always in flux and I suspect that overbuilding in certain categories is underway now and that will be evident next year.  

This is a great place to learn and to connect with people so take advantage of all the great resources.

This is the biggest thing if you are going into a lot of deals which what you should do anyway due to diversification.Solo 401(k) Advantage: If you're using a Solo 401(k) instead of an IRA, you avoid UDFI entirely.

I have used Coach Carson's recommended spreadsheet from "Woman Builder" (linked), and it's excellent for listing all the various cost categories I may confront on a project.

The biggest advantage is I could still refinance since it was technically owner occupied.In terms of privacy, it depends on how the loft is laid out.