It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation. 

This has actually increased our bookings. 

With rental increases I could prob pay off my mortgage in 5/6 years which would net me 4K.

No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

So i put in an offer for 10% down conventional loan, $530,000 with 10k back to me for closing costs and it was accepted right away.

Increased demand for historic district rentals and excellent rental history.

The city is working on getting a a ferry to NYC which should increase rent / appreciation.

I did not want to spend 50K on doing separate meters for where I have my rentals it would cost me this much.

The question that you need to ask is what is the 10% increase that is allowed based on? 

The masterminds often encourage students to finance the new-car like entrance fees on a credit card, on the promise of just a single deal covering all the entrance costs.