I have a very basic understanding of the financing aspect and really just stuck on what I need to do next and who I should be contacting to move forward.Any help is welcome, thanksHey @Ryan Kane, welcome to the BP Forum!

Both will come in about -$14-16K annually, have a cap rate of 3.7%. 

For lending, your rates are going to be higher than if you were to buy under personal name.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

They made contact with me as well but I don't want to get sucked into a scam. 

That way you'd get local contacts and there's no reason for anyone to hoard their insurance agent so they should be forthcoming.

Plus, that is the cheapest that money will ever be for you.  2.65% interest rate? 

It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate. 

If the answer is yes, then it's a no brainer to make minimum payments on your 2.8% interest rate mortgage, and use the funds that you would have paid extra to pay it down faster, to either invest in more real estate, the market, or anywhere else where you can get a ROI > 2.8%.If the answer is no, then feel free to aggressively pay it down as fast as possible, to become debt-free faster, and just have a large amount of money in savings or to splurge with.The bottom line is that your 2.8% mortgage is GOOD debt.

It seems like everyone is preparing for a big boost.The current growth rate seems feverish but I've seen a lot of houses going up to prepare for the influx of population.If you have any questions, I'm available to answer them.