Follow the money.Option 3:  This is your best option...again, as long as you have positive CF, your tenant is making the payments...not you...and this includes both the principle and the interest.Option 4:  This may be the best option

It all depends on your goals, objectives, constraints and budget.

My goal is to have a solid checklist complete and then close on my first property within the next 6-8 months (may seem long, but I am military and have a big move coming up plus some other financial objectives)...

Having family in a market say's nothing about whether it's a good investment market and whether it fits your particular investment objectives.

The objective is to get people to see it.

.- Now after 18 months of principle pay-down made by me, the goal is that they are no longer upside down and will actually get some additional cash at closing (beyond the $1K received upfront).

Even though our prices are cheaper the principles remain the same.

I'll take an infinite return on my money all day every day.Don't forget about gaining equity through appreciation and principle pay down.And keep in mind that's after the equity you already forced through rehab.Also don't forget about the tax benefits of rentals.Plenty of reasons to LOVE the BRRRR strategy if you can find deals where they work!

When we get data back from our servicer, I assume (haven't bought any notes yet), that it will show how much of each payment (or total payments annually) are principle vs interest.   

But my primary objective (MISSION) is to HELP those who are in 'distress...' or otherwise can't buy a home, or resell due to minimal equity, etc. so they don't end- up bankrupt, in foreclosure, or doing a short- sale, etc."