Create a portfolio of income producing properties and you can use that income to pay for your primary home.

I own all my toys, never seriously worry about money (I suspect everyone with any money always at least pays attention to it), spend my winters in Florida and rarely work in any sense (I do some consulting and side teaching) more than 10 hours a week.

So I offered to pay for the flight, if they returned a clean and empty house.

The tenants in back apartment were married, was informed by the female that they were getting a divorce but she would be fine paying rent alone.

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

This allows me to seed the property for 6-12month, then refi, and pay the full amount of the HELCO back in one payment. 

We treat all of these properties the same as any other, so our down payment is the same for section 8 homes or regular cash paying tenants.

This is the type of deal where doing your homework upfront pays off big time later.

Often times when a builder/buyer moves too fast, or is too busy and overlooks a key piece of due diligence, the unethical ones will try the "scorched earth" method and blame everyone but themselves, even when they know it was their own mistake, and they'll see if they can scare you, the seller, the title company et al into paying damages/fixing their problem. 

The title company takes the funds from the sale, and then pays off those liens and clears them.