At least in the first year of having this property, we're flexible to other terms.Info on property: 2 bed 2 bath Townhome with HOA, extremely close to University & University Hospital.

**The lender I ended up using was Green State Credit Union (formerly University of Iowa Credit Union).  

Being in a college town is a great upside as well assuming it's near a popular university.

I don’t mind areas outside of the major cities as long as it’s a C/B area with steady jobs or universities that can attract steady flow of tenants.  

NOTL is by far the most expensive, but also the most appealing to Niagara College.If you find something in Thorold, you can target Brock University, or Welland for the other Niagara College campus.

@Aleejandro Dela Vega I was thinking somewhere around the university.

I would argue that you have a much better opportunity for interest rate arbitrage with an Indexed Universal Life than you do with a Whole Life.

I used to live in Iowa City and work at the University.

Obviously, blue collar, university, and urban areas attract more renters than others and that does not change no matter where you are in the country.  

I make the bulk of the money via Homeaway/Vrbo and very very little on Airbnb.Yes our lake house makes money well above just paying for itself.Our house is close to a University so we get extra rentals from home game weekends, graduation etc.