Living in one unit and renting out the others could offset a significant portion of your mortgage, giving you extra breathing room as the sole income earner.

The least states:"Tenant shall pay a "late charge" not in excess of five (5%) percent of the amount in arrears for each month the arrears remain unpaid if any Rent is paid more than ten (10) days after the due date thereof, to cover the extra expense involved in handling delinquent payments.

We refer folks to bank-type lenders regularly throughout the year when that make more sense for our clients. 

At 6% I’ve only saved $360k, but you would have saved $720k, an extra $72k/yr.

Requiring occupant to have renters insurance is another possibility for extra protection.

Or I'm missing something - followed threads about the conversation from different folk, though.I wanted to get to visit Niagara Falls - Canada side for the week of Christmas to New Year and been looking at the hotels.

I have studied things and I feel I would only make maybe an extra grand a year and frankly I don't want to squeeze every last time out of people coming for vacation.Most of our guests are regular people.

For me at least, doubling my profit is well worth the extra two months of expenses on the market.

After adding an extra bedroom and bathroom and rehabbing the house, I was well over budget.

Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment.