I understand that in order to refinance, the season period is 1 year so am trying to be proactive and preparing myself.

This was reduced to $240k (through TD Bank). 

@Jay Hinrichs    They have absolutely reduced them for primary residences. 

pick your date market crash' at some point in the future, and presume the rate is 7% at that time....And let's say for arguments sake, that I'm prepared to trade my home in for a million dollar home today, with that lovely 4% rate........In the future, my buying power is reduced by that substantial raise in rate, so much so, that in order to buy that same home it would have to depreciate by 200k PLUS whatever appreciation that home receives prior to the 'pick your date market crash.'

Track all of the expenses and income that you are responsible for in some sort of report that you can review regularly with people you trust and try to reduce expenses and increase income.  

Jobs are the key to reducing crime, increasing wages and increasing immigration.

- There A LOT of other deal types that require little cash and are easier to do than lonnie deals.Alternatives:- buy the park- buy MHs on their own land (we own 20 or so, all are on rent to own, seller will finance to up the quality of the tenant and reduce turn over).- Stay away from MHs all together:  direct mail expired listings of nicer homes in good school districts with the deal type being lease / option or buying subject to.  

My brother, who will act as my property manager, handyman, and generally handle all of the in person activities associated with the properties will be staying in the second unit of property two with a reduced rent in place of all he is bringing to the table for me.

If you want to get the most out of your depreciation deductions you should have a cost segregation study done on the property which will identify assets for accelerated depreciation which significantly reduces your tax liability.

Maybe select the family with the highest income to reduce non-payment chances.