It's an incredibly powerful form of leverage.

Refi'ing into a 15yr loan is likely to both increase your effective rate and crimp your future buying power by increasing your DTI. 

Do they get a thrill thinking about the power they wielded over strangers? 

In truth you don't have a lot of power over when and if she pays, but you can and should use the power you have.We have this clause in our agreement and we talk about it before they move in so that they are clear who the primary is and what that means. 

And if a family office will demand more power and ability to change things to their own liking.

This is what makes it so powerful.

The power of REI in todays market is delayed gratification  combines with the tax benefits the following year. 

Consider working with a lender to get pre-approved for financing, as that will give you an idea of your buying power.

@Nadia MugaProperty management is not rocket science, but it's not for everyone.

Shortly after they were off to the races (the power of the first deal).