Also I think that it may allow us to aquire a larger quantity of traditional home loans since in the future my DTI will be much better ;) ...

When you say "retirement home", do you wish to use it now as retirement home, or sometime in the future?

I am assuming you have already closed, but for future reference I have had good experience with BKCW Insurance in Killeen. 

If your goal/strategy is to build a nice nest egg for retirement and not replace your current income (not knowing where you are in life), then netting 5% while padding your future isn't that bad of a deal, especially since there are ways you might be able to increase that 5% through property and operational improvements.

But I now have the following things that I cannot even put a monetary value as a result of doing it:A good and reliable contractor who is ready to help me grow my business and work on future projects.An electrician, who I met AS A RESULT of the my contractor.A great handyman and gardener, who I met, AS A RESULT of my tenants.A fairly thorough working knowledge of how to replace a roof, run plumbing, electrical, hang drywall, lay tile, and the overall costs associated with the replacement and repair of all these things.

Since a dollar today is worth more than a dollar tomorrow the tax hit on sale is worth less in today's dollars and the tax benefits today are worth more in future dollars. 

I'm very interested in real estate investing and would love to pursue it as a career at some point in the future.

If you combine these into a single policy, you'll wipe out a TON of problems in the future.

If you have trouble again in the future with unloading a property, I'd be happy to help you with it.

I'm relatively new to BP as well, but I'm extremely excited about the possibilities and future!