I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it. 

With mortgage rates close to 7% and generally soft homebuying sentiment, strength in existing home sales is unlikely to be sustained," said Alice Zheng, an economist at Citigroup.

I found a decent duplex in Pennsylvania. it was newly flipped and was a pretty decent price in an okay area. the mortgage is around $2,400 and I was able to rent both units for $1500.

Could/would Mom be willing to add you to title and you both sign for a mortgage, once renovations complete?

For a long-term rental, would a small multifamily in Raleigh be necessary to break even and cover the mortgage compared to a SFH?

Once each cabin is built we would like to take a mortgage out to recover our cash and then use to build the next.

I then went to the bank and mortgaged it for the same $30k at 8.5% over 20 years.

IE rent to a tenant for >12 mo,  dating before marriage, no late payments then with a down paymetn (long story here)  I'll sell on either a contract for deed (typically mobile homes on land) or a note and mortgage (regular nicer houses). 

Does your mortgage include your property tax payments?

Does the revenue good enough at least to cover the mortgage payment?