There is a lot of variability in this answer and, like all things in real estate, it simply depends. 

Then at the very least, someone is putting a significant amount into the equity on your home, and is also paying down your mortgage.

1031 Exchange paid in cash, no mortgage.

I think RI will continue to appreciate and over time as you(tenants) pay down the mortgage creating more equity.

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

It’s not just the cash received at closing, you have to consider the mortgaged portion of the relinquished property. 

If the landlord or their employee did the work themselves, they must include a description of the work, how long it took, and the hourly rate they charged.

Of course the rate is higher with 15% down, but it helps investors get that property secured with less out of pocket.Happy to help if there's anything you need.

Conventional financing is a great place to start as the interest rates will be lower.