For the initial loan to obtain a property, does it make sense to go with a shorter term 15-year fixed and then refi to a 30-year fixed after 6-12 months?

I was thinking near Stony brook to have a surplus of tenants but I was trying to keep it in Nassau for a shorter commute. 

-the property is in a non warrantable condo complex-loan size of $70K-$75K-property is rented and has good cash flow-I would prefer a fully amortizing loan (no balloon payment); so preferably a 30 yr with 30 yr amortization but would consider a shorter, fully amortizing loan as well-Looking for a LTV of 75-80%The deal size is too small for a lot of lenders (including B2R).

Most of the time the events are scheduled a couple weeks out but the last one was much shorter notice.  

I'm working in the gulf right now (non-union) on shorter hitches, but it still leaves me with some spare time to work on REI.  

This longer life would negate some of the tax benefits that are afforded to owners of residential rental properties (due to the shorter depreciable life on those types of properties), and would most likely cause your rental income to be taxable more often then not, right?

But be careful if the lender will approve; another note the rate lock on the commercial may be shorter as well as the amort schedule.  

Make them foot the bill and showers will be shorter and they'll wash their car elsewhere!

Commercial terms will come with higher interest, shorter terms, and shorter amortization. 

It seems if you can find the right deals, flipping may be able to get you larger returns in the shorter term.The "best" investment is the one that fulfills the needs of you and your soon-to-be expanding family!