I have nice 3-4% rates but just fearful of a hurricane coming through and destroying the homes. 

Unless you fall under the new JOBS act exemption for advertising, you will be limited to people that you know and have a relationship with.

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

There has been a lot of press around assumable mortgages recently given how high rates are. 

. $40,732 mins expenses..At a PP of $1.25M with 30% down ($375k) you'll be short of a 10% COC return..Also 7.2% seems like a very strong rate on a 10plex.

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. 

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

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

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.

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