Tack on all back interest, legal fees, property preservation, taxes, insurance, etc and you're going to going to have a payoff amount much larger than just the UPB.   

Occupancy, Preservation, Maintenance and Protection of the Property; Borrower's LoanApplication; Leaseholds.

Hey Dan Krupa,During one's wealth creation phase they should acquire, leverage and get their name on as much title as possible, then during their wealth preservation phase they should pay off as much of the leveraged debt as possible starting with their primary residence.

Hello, anyone use wood preservative lately.  

I just started a property preservation company called, "The Jaguar Group LLC."

It comes down to self preservation. 

Property manager plays significant role on behalf of the owner to preserve the value of the property while generating income.

I believe Gatewood does not fall under any of the OKC historic preservation districts, so you should have much more leeway on what you can and cannot do from an HP perspective (https://www.okc.gov/departments/planning/design-review-and-historic-preservation/historic-preservation)It's an Urban Conservation District, though: http://www.gatewoodokc.com/about-us

Under certain circumstances, you get the premium on necessary improvements to the property to preserve its value.

While it is great to be so determined to get involved with RE at such a young age, I think first and foremost you need to focus on how to preserve that settlement you are potentially getting.You have your whole life ahead of you, you may want to seek the guidence of a financial advisor to maybe allocate a portion of that money into the stock market into some dividend paying high quality blue chip stocks that over a long period of time can give you a great return on your money as well.