Some companies have extra coverage that insures against loss of rental income from a bad tenant if you let them screen the tenant before they move in.  

In my experience 2bd renters are typically older and don't have kids who might add extra wear and tear on a property. 

If you're currently on a 30 year and you're just breaking even on rents covering mortgage, insurance, and taxes and not able to save extra for repairs and maintenance, I personally wouldn't do a 15 year.

(Extra credit: record the call and then give it to the local paper if it's interesting...)

. $200 a month extra cashflow = $2400 a year, what are you going to put that money towards?

What would be wrong with a double close other than some extra closing costs?  

Lots cost a tad more than I quoted but we are in a slightly better location IMO so it was worth a couple extra thousand.  

Of course, if you want to achieve $5k-15k EXTRA equity from day one, do what Wholesalers do - except KEEP the properties instead of re-selling them!

Low rent tenants are willing to live with more flaws, fewer extras, and won’t be as demanding about discretionary maintenance and improvements.Fewer evictions.

Good job on removing the fireplace, it does offer some extra space.