But good professional tenants are usually easy to manage, as long as you’re fair to them, and have a handyman to quickly fix any issues. 

I know some would advise against it but I say be the first to fix and flip.

And I feel I already learned many valuable lessons fixing up our old place.

This year I decided to sell, so I fixed it up, put it on the market, and got an offer.

Say I buy a house today for $150k at 6% on 20 yr fixed.

I'm currently working (slowly) on a Suzuki GS500F streetfighter bike, but house projects take priority over fixing toys.

Fix and flips, buy and holds, etc...this will determine your list selection.  

I also like the idea of a longer mortgage term because it shields you from interest rate and inflation risk for a longer time, and of course you can always pay down your principal faster if you'd like, so I'd look for a 30-yr fixed.  

First I broke things out into fixed and variable expenses in my business and also my personal expenses.

I am waiting on my paycheck to be able to fix the vehicle on my own, but for right now it is sitting in my driveway with visible damage to it.