. - $6k/ month is our freedom number from a W2- Buy & Hold MFH is our plan (turnkey with PM in place)- This quad was built in 2024 and we're able to secure a 3.75% 10 year rateHow's this deal looking or would it make more sense to go another route?

I usually invest / work in Birmingham area, but I have been looking at properties in Baldwin County and plan to invest there also.

Owning a home also gives you stability (ie your landlord can't decide to sell your home), flexibility to do what you want to with the home and the money you are paying is paying down your mortgage, not your landlord's.One other question is do you plan on moving anytime soon? 

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

Are you planning to buy more properties?

What are your investment plans moving forward?

What’s the plan?

You haven't told us anything about what you plan to do after purchasing the property, so it's not clear how important interest rate is in the long run. 

I do plan to consult my real estate attorney who handled the closing but this is his busiest week of the year, so I definitely don’t want to bug him with something that isn’t extremely urgent until after the New Year.

I plan to use a HELOC but would be interested in the thoughts of others in BPs on this approach or recommendations if there are other ways to financing that I should consider.