Update:  So I took the advice here and I am getting all of my properties refinanced on 30 year fixed. 

I just called my regular home owners insurance and had them put STR insurance on my property.

Most trust sales are regular sales.

If they have issues make them feel you care whether it is something you intend to address or not.Do your regular maintenance inspections and if you never hear from them they are perfect tenants. 

If I thought that way seven months ago, how does that influence the next seven months.Many forum posts are many months old, and only a few gets updated, but most are just forgotten unless there is an update on a old post. 

I am concerned about us being pre approved (low credit scores) to purchase a multifamily and do a traditional bank loan, or likely a rehab loan as most of the multi families in our area are in need of updates, and more expensive than a property we could find to Fix and Flip.

This tenant recently sold her brand new home and is now living in my 1,000 sq ft home built in 1950 and she bombards me daily with complaints about things being old and gross (literally), even asking us to replace all of the electrical outlets and build regular closet doors (ours are floor to ceiling metal doors).

If they do taxes for regular paycheck workers for the majority of their business, then they may struggle with your taxes as you become more complex. 

I am new to the phoenix Arizona area I just came across a deal and i'm wondering if the numbers add up the house has a mortgage on it that the sellers want to be paid off the area where the house is in a decent area they did some work on it they added an extra bedroom so instead of it being a 3br/2th its now a 4br/2th 1,400 sq foot with a lot size over 6000 sq ft the mortgage thats owed is 53k the house needs minimal repairs it really just needs to be updated they want are asking 102k free & clear and they want the mortgage of 53k to be paid off  total asking price including the mortgage price 155k is the total asking price houses in that area have sold for a wide variety of price range is my concern they range selling price is anywhere from 80k all the way up to 210k  properties withing the 1 mile range of the house have sold for 170k to 210k is this a good deal or should i try to go back and renegotiate the deal

Transient traffic can make for an unsafe neighborhood for neighbors as they no longer recognize "regulars" to the neighborhood...traffic...blah blah blah...the good side?