It's a terrible idea. 

There are some people that will attempt to sell you a SFR in a terrible neighborhood that is basically falling down.

It's going to be terrible news for folks that are leveraging to the hilt on commercial real estate with other people's money.

While I appreciate that my house looks terrible at times, I feel bad that y'all are wasting your marketing on me.  

There are a lot of slumlords and terrible property managers in this space, which makes a lot of these tenants move.  

I had a chance to sell it at $450k FSBO and I blew it, I read some terrible negotiation advice and instead of following my gut, I listened to the bad advice.  

PVB is relatively more expensive than the greater Jacksonville, it is dirt cheap compared to even the "adequate" parts of Chicago.PVB is a great place to live but the mortgage cost relative to the rental rates are terrible for buy and hold.

The interest is also a little high compared to conventional rates right now, but if you don't qualify for that type of loan--or you are only having to put down a low amount of money--then I think it's not terrible (if it cash flows).

There is obviously a risk component here and cash flows need to be managed, but prepaying FNMA mortgages is a terrible use of money.  

It's just a terrible business practice.