Failure to do so may adversely affect the coverage under the policy. 

I would would recommend keeping only a small percentage of your properties in Frayser unless you are risk adverse or really want to focus in on the cheaper homes and plan to be very hands on. 

Also how adverse to debt are you.

Sometimes we approve someone who has disclosed an adverse credit/financial history or has no rental history and we will require 3x coverage.

Also be wary of wholesale and fix and flips that may have adverse tax consequences and need to be insulated in their own separate tax person (corporation) to avoid propagating to your other passive activities.

Honestly I can't imagine trying to pay off most mortgages in increments when you could simply put the cash to more work elsewhere, unless maybe if the house was already very close to being paid for.I suppose also if you were very risk adverse and wanted to build equity in the property for a refinance later on to reduce payments... but given that interest rates are not going to get any lower (foot in mouth perhaps) I would hesitate to plan to refinance later on to increase cash flow.So the long and the short of it is, it depends, but it seems likely to best scenario would be to refi the high interest rate items and use the cash gain to pay off the near-complete items (or use the capital you're planning to use in 'safe' higher paying investments for a set period and then cash it all out at once).

Great job @Kim Handelman with persevering through unseen adversity to close the deal.  

I've even gotten title to props via adverse possession.

If you are risk adverse real estate, (especially out of state) is not for you.

If you are risk adverse real estate, (especially out of state) is not for you.