What I love the most is two fold, the interest paid back on the loan goes back to you, the fees to do this are extremely minimal. 

For my personal residence - yes, i would love to own it free and clear as it's not an investment but rather liability which I want to minimize as much as possible.  

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

While $110K is a good starting point, consider structuring deals wisely to minimize risk.

.* Low Hands-on operation: We prefer minimal hands-on engagement.

A property in Boston will appreciate well, but with minimal cashflow.

If you have insights on creative ways to acquire rental properties or storage facility businesses with minimal capital, I’d love to hear from you.

After doing research on the market (see above noted indicators) and creating an investor deck (mainly to prove to  myself as the main capital provider.

Tenant Turnover: What steps are taken to minimize vacancy time?

i agree that a new purchase at 75% equity will typically not have significant cash flow and may even be negative when properly allocating for all expenses.Investing to max equity without reserves is risky and you indicate would result in stress.