The most obvious is that you will be able to offset your mortgage with renting out a few rooms.

When we buy primary we do not pay mortgage for 2 months, is that applicable to investment property?

@Mica MooreBefore you decide to self-manage or hire a property manager, you need to understand what goes into managing rental properties.A novice investor may see a rental property as a simple equation of: rental income - (mortgage + expenses) = profit.While this formula is the basic mantra for an investor, you also need to include your landlord duties and energy into that equation.

Mortgage.

Mortgage.

Mortgage.

Counter argument:Paying off a house reduces risk by eliminating mortgage payments.

I checked online and I did not find any standards/rules.The lady in the unit 2 facing the construction is working in the office most of the week and she pays a rent of $ 2750 per month;  we agree for a $ 300 rebate when we signed the lease few months ago.

Here is a resource compilation list:RESOURCE COMPILATIONEducational ResourcesSeveney Mortgage Note InvestmentsWebsites which are online marketplaces - https://www.youtube.com/watch?

Goal is to move mid-late 2024  Purchase June 2022: $510,500Down Payment: $102,100Interest rate: 4.875%Mortgage balance: $397,959Monthly mortgage, tax, insurance:$2,465Estimated rent $3,000 The home has an estimated sell price of $550,000 today and the area will continue to appreciate well.Home is in good shape.