So right now, that is about 5.75% fixed, but by August could be closer to 6.5 - 7.25% based on planned increases in federal funds rate.We are purchasing our second BRRR property in two weeks and between purchase + rehab are estimating about $200k. 

However if you did want to keep it for sentimental reasons i.e. family in the area or plan to live there after separating you could use the Navy Federal homebuyers choice loan which is another 0 down loan option military members have access to.

It's my understanding that our payment amount will change every 5 years when this happens based on principle and federal interest rates.Since this is new to us, I wanted to run it by the forum and see if there is anything we should be concerned about with this deal or any other suggestions.

The use of open fires, fire pits, fireworks, charcoal burning grills, gasfired grills, or other devices shall comply all relevant federal, state,and/or local laws.I am curious, can I just list it on AirBnB and other sites not VRBO? 

We have to follow our own policy as well as legal guidelines according to TN laws, federal law, and our attorneys recommendations.

I locked down a conventional with Navy Federal (if you're eligible) at 25% down but no points or PMI on the mortgage.

You are playing with the Federal Fair Housing Act which protects people, including those who need a service animal (considering a reasonable accommodation for a disability legally).

Most of us know that the Federal Reserve intends to increase interest rates over the next few years.

It’s also a national average so if you want to get more specific I’ll attach a link to the federal housing finance agency page that keeps historical data that’s sorted by state and national levels.

Reach out to Kevin Fawley at novoty lending and Upen Patel at Federal savings bank