I'm no expert, but I know several people who have had loans called due on sub to deals because of the way they structured their insuance policy.

Buying an investment property in Las Vegas @Josh Salapare could be a smart move, especially if you’re set on moving there in a couple of years.

Send me a DM and I'll give you a recommendation or you can find one on your own.

Purchase price: $8,000 Cash invested: $2,000 I purchased 2.5 acres of Raw Land in Joshua Tree, less than ten minute drive from the park and downtown area in 2018.Purchased via seller financing.2k down with monthly installments to pay out rest.Current similar lots are selling for around $65kI plan to hold long term Would eventually love to develop something on the land-either an art park or residence.

And some lenders will let you pay the interest by drawing down on the loan.

I am on a similar journey as you.

On the one hand, I can see it as a positive indicator, for example of market health and increasing suburbanization. 

I know this is a nuanced topic and it is probably market dependent but I can't find any pictures of rentals' basements on listing sites.Any insight is welcome.

Also at closing: You should provide proof that the lender is named as such on a valid hazard insurance policy effective at least on the day of closing.Regarding the closing to sell or refi, yes, your lender will just need to provide a payoff letter with wiring instructions to the closing agent.

Appreciate any insight  Depends on where you are because every state and locality is different.