Profit per door is relevant.

We would want to use it for personal use probably one per year. 

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

Per your request, you need local relationships. 

I would also share pros and cons of paying taxes on the windfall versus owner carry.

Split the $20 to buy yourself lunch and dinnerIf you are on the road, daily per-diem should cover a lot of your day to date living costs.If they send you on the road, you can potentially airbnb your house.Best of luck!

There may or may not be a pre-pay penalty, obviously I would negotiate for no pre-pay.- at year 7, can i extend balloon or notNo, unless it's in the contract or the seller agrees to it. 

I suspect maybe something like Hagerstown or Cumberland, which yeah are Class D like markets with declining populations, high drug problems, no strong job base which leads to non paying tenants.

Hey @Spencer Cuello, so you will find most of us aren't fans of arbitrage.I see you listed NYC so you know that you can't do a STR in the city unless you live there.IE: You need to be onsite, living in the same unit you are going to rent.As per usual...

Yea give her the advance notice, maybe she pays and you save on the eviction fees.