But, I will lower my monthly obligation to around $3000-3500 ($2500 new mortgage plus $500 delta on previous home mortgage). 

Anyway.. it is very frustrating to see that on both sides of these transactions are the negative and unfortunate to say, dishonest and unhonorable.

There are several reasons for that including but not limited to, landlord friendliness, lower prices, population growth projection, positive job growth rates, lower crime rates, 1% rule, to name a few.

Its not like me to just make a sweeping statement like this but it was the hardest part of the transaction by far.  

Lower Westside (I think) is not far from GA.

If banks didn’t have fractional lending they would not give mortgages either as with inflation you lose money over timeFor example:Take $1M as an example of a portfolio and put it at 7% seller financed vs putting it into an investment that gets 6% but doesn’t pay your principal back and is taxed at a much lower rate and see how big a difference that isRoughly $1.4M interest vs $1.8M and taxed at 15% less rate it makes a huge difference.

If you are limited to lower-priced homes than some of the higher-priced cities then that will help determine your start.

I own a property where I rent out the lower apartment while my wife and I live in the upstairs one.

I have a tax question regarding how to report my rental income when my tenant made and paid for improvements and I am reimbursing them by lowering their monthly rent. 

At $25,000, you are saving a lot, but is there a better, lower deductible that makes more sense?