I think you are in a good spot though and would completely understand wanting to take the "safest" route of being free and clear of payments when you have other reoccurring life expenses hitting you every month.

So how well are those houses well cared for and what type of crime and drug issues are reoccurring?

I have one unit that had a reoccurence after this. 

I have a duplex here in Omaha that appears to have some root growth in the sewage piping, which is causing a reoccuring clogging issue. 

The ultimate goal is to buy rentals (preferably multifamily) to get the coveted reoccurring income. 

You would then spend non-reoccuring transactions out of the management account store money and pay auto payments out of the property account.

@Carson KesnerInstead of us saying don't do it, since this is a re-occurring theme of tenants wanting to pay in advance, why don't we use this as a case study.

After I told him I would add $500 to his commission if he can get it done without the "bidding against myself" bs, the "other offer" mysteriously disappeared.This has happened to me too much.I try to look at this reoccurring dilemma quantitatively to provide me with the logical reasoning I need to keep me from flipping over the nearest table every time I get the sense I'm bidding against myself.Say a house is listed and untouched at $50,000 and I come in at $45,000.

In states where the sales price is much lower you may need all 6% to just pay for the non reoccurring closing costs.As to why someone would want to put the least down or pay PMI, its either a financial planning decision or an emotional one.

Cozy looks good but why don't they allow a tenant to pay one time payments vs reoccurring?