Rents will likely go up over time as well.You can also get creative to increase the income by doing MTR, STR, rent by the room, etc. 4) Loan amortization will increase your networth over the next 5, 10, 15 years+. 

@Eryn GarciaPros are that students generally have consistent income from loans, parents, grants.

Go to a mortgage broker that will shop around for a loan for you. 

If they had a bank loan, they let the bank have their house. 

Unfortunately, that won't matter as  Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSE’s) that set the guidelines for conventional loans, which most lenders follow for other types of loans, too, require that a condo building’s master hurricane insurance policy provide 100% coverage of the replacement value for the building. 

Start depositing all income into one bank account, a bank statement loan may work for you.

Saving 3% per year will save you $1k/yr, $80/mo, of getting the loan costs you nothing.

Has anyone had success in buying down rates on single family with commercial loan?

Bank loan on reno & cash purchase.

How will the loan work exactly?