You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.

Having connections in those markets is key. 

Passive income is certainly the name of the game - building a real estate portfolio and creating generational wealth are key ingredients to long term holistic financial health and success.There are fantastic real estate investment opportunities in various markets, particularly in the Midwest and Southeast of the country. 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

This knowledge is key.

When I had my own real estate practice, I advised landlords on tenant issues, negotiated cash for keys, and filed evictions. 

With flip loans, experience is key.

Are you looking for "value add" options or turn-key?

The key thing to remember about STR in Cashiers is that our "season" is really only about 12-16 weeks.

I think the key to getting a good start in REI is finding a way to have a high 9 to 5 income and using a good portion of it  invest in your real estate endeavors.