Taking a 15 year mortgage will hemorrhage your debt to income ratio and make it difficult to qualify for more home purchases in the future. 

I certainly know that future years the expenses won't remain that low, but wouldn't that be a reality on a property that has a lot of recent improvements?  

And I have had two potential opportunities "fall into my lap" that involve inherited properties that need major remodels to be able to compete in the MTR market. 

We’re actively working toward building a real estate portfolio that will generate passive income and create financial security for our future.

@Shaun Ortiz providing for the future needs of my family, RE is my retirement planning vehicle of choice.

Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.

My neighbor is ready to sell his home. He is older and does not have a mortgage and there is a lot of deferred maintenance on the property. ARV $450k. Thinking of offering seller financing deal to him. Repair costs wo...

Quote from @Rose White: When is the best time to ask your new / possible future tenant for a background check?

Taxes on the original gains are deferred until December 31, 2026, and future gains from the OZ property can be tax-free if held for 10+ years.

@Katie Camargo I would consider: HELOC or Cash-Out Refinance:Post-closing, the higher appraisal gives you the potential to tap into the equity via a HELOC (Home Equity Line of Credit) or a cash-out refinance.