With the average apartment in my area ranging from about $1600 and up, having a mortgage rate between $1200-$1400 (again, rough numbers the lender provided me with) doesn't sound too bad considering my money would be going towards my investment and not just right out the window.Now all this sounds very intriguing considering I am ready and willing to take these steps, but with where I am at as an hourly wage employee living paycheck to paycheck, in a VERY expensive town to live in, the numbers just seem quite daunting.

They are either covering the PMI in the rate or it's a CRA program with income limits. 

My questions are:a) Is it worth paying that 15 year note off earlier with that interest rate?

Home Depot or some of the bargain outlets have tile for a pretty decent discount!  

You can still easily achieve rates in the low 7s depending on LTV for a DSCR cash out refi.

CASH FLOW in RD is excellent they provide great cap rates.

Property prices are very high in this region, and it seems unlikely that rental properties will generate positive cash flow due to the high cost of homes and current high interest rates.

I would consider Pelham a better area than the ones mentioned above, but the acquisition cost will be much more and the CAP Rate will be less. 

It’s a heavy tourism area with year round demand and tight restrictions on STRs that keep room rates high.  

It is a 4 unit home with a decent cap rate (7%) in comparison to where I am looking.