dustin, thanks for trying, but in this case the bank needs to be insured...bill, in my case, the bank does know what i'm doing....i like the idea of 2 as well...unfortunately, my attorney already drafted up the documents and we went with door #4....now they're calling my insurance agent every day and scaring my insurance agents...my attorney said i had to add them as an additional mortgagee, but the insurance doesn't like that the mortgagee lives in the house...wtf...so they want to drop the insurance..my attorney of course has been useless now and says to find another insurance company, however i don't want to scramble around for the next few years everytime an insurance company gets spooked..so to recap, yes my bank is aware, and theya re fine with it..it's the insurance companies that aren't getting it..mayb ei'll just call up a few and ask about different situations...thanks for the ideas

Appraiser are really spooked right now, so you MUST be very conservative in your valuation.

Pays a 10% yield and it's got some growth potential.The market was spooked by the threat of rising rates late last year, and so income investments like REIT's have sold off, presenting an opportunity for savvy long-term investors to get good yields. 

I have spooked off a ton of sellers with this approach because you need to educate in such a way to where you are adding value to them not just taking their home.  

The implication is that insurance premiums will increase on account of climate change, and it will become quite difficult to find insurers (as it already has in FL)-  spooking potential buyers and thus lowering the value of real estate.

These are long term tenant(10-20ish years for 4 out of the 5) I’m kind of worried about spooking them by jacking the monthly too aggressively, justified or not.

@Jordan Moorhead it was for an Airbnb and I got spooked by carrying it for so long until the busy season.  

this guy scammer has been making the rounds your about the 3rd person this week with the exact same thing..found on facebook here read these terms.its a fruad a scam the nigerian prince scam  send your money to the Ukraine that type of thing.First off.NO LENDER loans as little as 10k  but then says up to 10 million  thats the first big BS item LOL.NO lender lends 100% to a first time borrower found on social media.Real lenders collect their fee at close NOT up front..

I had been kicking around doing something up in OKC, but the distance has me spooked.  

This is nothing but an empty threat from a crap tenant that wants to spook you into paying them off.