I believe you’re intentionally misleading us so as to avoid competition and have the market to yourself.  

These are going to be my first self managed units, but my intention is to continue adding units in parallel with development projects. 

Which of these scenarios do you think is best, considering my intention to pay off the loan sooner?

This has had the dual negative effect of artificially inflating prices and putting buyers in precarious financial positions.In Worcester, we have seen properties with $6k a month in rent sell for as much as $720k which has directly contributed to a run-up in prices which has priced out most first-time buyers.While the intention behind the Fannie Mae 5% down program may have been to help first-time homebuyers, it’s essential to consider the broader impact on the housing market and buyer stability.

There have been stories of tenants intentionally causing damage, such as purposefully leaving a faucet running to increase the water bill and damage the property.

He’s either repeating lies intentionally or out of touch with reality (or both). 

Thanks in advance BradyHey Brady,From a lender's point of view, you would need to have some intention of living in the property.

Your first question is to ask the City/County, what is the intent behind needing the floor plan.

However, when you do the 1031 you must have the intent of holding that property for investment use. 

It is a very system-driven profession and shouldn't be jumped into without the intention of building a business around it.