It does seem that inventory is fairly high, allot of high end units.

Seems like allot of money to tie up for only 1%.

Need to know the area, homes in rough area have more capexand more money allotted to vacancy because of bad tenants.

You will have allot of money tied up in this property though.You could rate term refinance to get best rate on what your currently leveraging.

When you allot a minimum 4% (mortggae rate) return on your equity that is $150/month which means the property is generating $200- $250 per month not the $350 - $400 you think..Personally I expect my cash to generate a minimum 10% which in your case would be $375/month.

They give you a monthly allotment for housing and i quickly figured out i could pay someone elses mortgage and build the equity and wealth or buy my home own and make myself equity and wealth.

I would never use them inside the actual unit, and certainly, never use a 'hidden' or 'spy' type camera.Try a changeable door lock code, specific to the individual renting the space for the allotted time--that will keep anyone without that specific code from entering (supposedly).I remember reading about 'noise detectors' that are installed as replacement electric outlets. 

Now that we have 18 houses allot of my loans are with a smaller regional bank that sets us up on 5 year balloon's.   

THE QUESTION: So, how do you continually get the bank to keep refinancing your properties into a conventional loan past the allotted number of 10 loans?

If so, how was the money allotted and what was the approval process like?