Hey @Ethan Clay Lesperance, technically the lender could call the loan due for violating a possible clause in the loan agreement.I have been someone who has warned about this but so far, many folks have renting their former primary residences without issue with the lender.

A simple Bi-Weekly with added payments can pay off a mortgage in 10-12 years.This strategy allows you to pay more at your own pace having a failsafe unlike a 15 year where you are obligated to pay more every month.

Either way...costs have SKYROCKETED in the building material space...people who are building at such a low fee are likely their own GC and not paying themselves properly@Alex L. - What prompted the purchase of the lot? 

On my existing units most prefer to pay cash.

I told her I cannot afford that, which I assumed correctly that the so-called free blueprint is useless without paying $2,000 for the training program.

You definitely do not need coaching on anything right now because you don't want to pay someone to make your decision for you.

That way you can ask for 4-5% Seller credits to pay for the closing costs.

The Seller is interested in leaving up to $0.5m as a preferred equity/debt as long as she doesn't have to pay tax immediately on the $0.5m that she doesn't receive on closing. 

Unless you're in a place to do a 1031 exchange (which can have higher transaction costs, depending on the situation), there likely is a significant amount of capital gains to pay upon sale of a property for reinvesting, or if investing in alternate markets like stocks, bonds, CDs, etc. 

I currently am franchising stores for a few years now and am seeing the leases we sign and square footage we pay for.