I agree with you, there generally are multiple ways to solve the problem and this is one of the direction I am exploring.The challenge is that I have a great mortgage rate (30 yrs fixed) on the triplex.

Not yrs past.

I have 1 home in the FL panhandle and insurance is crazy expensive.....I had to get wind mitigation inspection even though one had just been done within the last year...and then 3 yrs later they wanted me to do another wind mitigation inspection.Those aren't free by the way!

Many buildings built 20 yrs or older did not have individual water meters installed.  

Financing risk -  To get higher cashflow, you need to get as low of an interest rate as possible combined with as long of an amortization period as possible (30 yrs vs 25 yrs for example).

He has done my and also my co-workers taxes for the last 3 yrs.

My net projections for Yrs 1-5 are : $81k, 258k, 725k, 778k, and $1.13M, respectively, including a balloon payment in Yr.5.

You want to leap 20 yrs in just 1 yr.  

...It's too complicated for them.As I stated earlier, I’d prefer a fully amortized loan that’s good for me and easy enough to sell to my lenders; let’s say 8% for 20 yrs.

"humidity is 200%"..loli lived in florida for 8 yrs, i know how that feels..