Thanks  Pros:-Lower monthly payment = higher cash flows-Save more equity than paying down principal, can be utilized in other projects and to scale-Generally better for tax purposes (no tax benefit to paying down principal)Cons:-Higher rate-Higher risk (deleveraging over time give you more LTV cushion generally)-Less cash out / harder to refi in the future (UPB will be higher)

If you are getting into RE investing I would suggest looking to getting approved for a general loan instead of a seller financed deal 

I also have identified a vacant lot in Tampa Fl to purchase and negotiated verbally that is about to put in writing under contract.

she is beachwoodbuyshouses on ig. i'm in MA and she is my CPA. she specializes in RE and is also a VERY active investor herself. she's based in long island. you don't have to use someone local. 

By increasing usable square footage, I was able to re-appraise and increase the value of my home by an additional 460 square feet of "livable space" and force the appreciation of my property's value.

You need to budget and an additional $929 to set aside for future budgeting items (vacancy, maintenance, and capital expenditures).

Will be inheriting 90K in the near future and trying to figure out the best place to put it.

Why Knowing History HelpsSeeing how an area has evolved can give you insight on what might happen there in the future.

This will help you understand your current net cash flow accurately.Consider Future Expenses: As you mentioned, the property is aging, and there are upcoming capital improvements such as a new roof and potentially a new HVAC system.

That is often the case when you have a bad PM insulate between the owner and the property, so they don't really see (or care) what's going on.Milwaukee has been re-inventing itself over the last 10 years or so and that is gaining momentum.