Would it just be a double close to pay off the seller financing and I walk away with the appreciation and cash flow earned while under my control?

Having never been a home owner, my thought is to go with the 30 year to keep my DTI low, since I certainly do want to purchase multiple rental properties down the road and that I can always "pay it off early", but is that too simple minded?

But one good thing about keeping it as an STR it qualifies you as RE professional and would be able to deduct from your W2 income.LTR is much more hands off especially if it is a new build.

You just got your Realtor license and are looking to make connections with other Realtors and professionals and want to know the best place to start.First off, congratulations on getting your license.

So I paid 50 to top off mortgage and remaining 200 for hoa. 

I've learned that the best way to do it is to start off with a purchase that you yourself will live in.

If I took 100K off your hands wouldn't you be just slightly uncomfortable...just a little? 

What is interesting is that my property is booked almost entire February and March which are off-season in Sedona but quite open in April and May which are peak-season.  

Hello,Anyone willing to share a source for off market land deals?

This locks in your monthly expenses, versus  HELOC that is variable, and matches well to the long term hold of the rental.I use HELOCs for shorter term capital needs, i.e. flips, or even possibly the acquisition and renovation of a rental, but always with the belief that I will have it paid off in under a year, typically 6 months.