This should really be the only year where we break that 14+ day rule so in the future it doesn't sound like we will have to prorate at all. 

How's it working now, how do you see it working in the future?

Thank you all for your future advice and guidance.

Thank you.Hi Hector, great job finding a potential property! 

Screening Tenants: Implement a thorough tenant screening process to minimize potential issues.

The potential risk you're taking on is not worth the cost savings IMO. 

You get a check from the potential buyer and take it to the title company.

I am considering a 1031 Exchange when we decide to "move up" in home in the future.

I am looking to connect with more likeminded investors and flippers in the sunbelt areas. if you are interested, please feel free to reach out to see how we could potentially work together.

That'll give you around $420/mo instead of the $650/mo in savings, but:- You'll have liquidity in case you find something better to do with the money- You'll have the ability to refinance at a potentially lower rate in the future as @John Mason points out.- You won't extend the term back to 30 years (which is definitely part of your monthly projected savings).