Your reputation will determine your success.

I'm not saying don't do it, I'm just saying, be aware of the potential issues if you choose to do it and be prepared to refinance or cash that loan out of they choose to accelerate the mortgage?

We are choosing to do a quiet title action now rather than later - on the Seller's time, not on our clock.   

I actually ended up choosing the first group that sent in their application. 

The one side would probably pay the mortgage and such and you can use equity to purchase other places and BRRRR if you choose.

I am wondering what my options are insofar as choosing a loan.

Ohio, Indianapolis, Missouri, Alabama, Pennsylvania etc....Irrelevant of which specific market you choose some best practices you should utilize are as follows...

I hadn't bothered to issue him a lease, since this being NJ it's very difficult to evict someone for other than non-payment, and you cannot simply choose not to renew.

If I had BRRRR'ed with the same money I could have bought additional properties I know but free time was, and is, a factor and I can always refi it out if I choose to.

You and your wife could house hack, live in one unit and let the other tenants pay for your monthly mortgage and put some cash in your pocket.Even if you do choose to move away or renew your contract and PCS, you now have time to start finding a good property manager to handle the day to day operation of the property.