You should have a tax person explain to you how the stepped-up basis may help your beneficiary.

I found this deal on Zillow I didn't even try to negotiate the deal to bring the price lower.

6.125% has P&I of $2625/month.5.75% has a P&I of $2521/monthThis is a $104 benefit.Paying $4400 more towards principle will reduce your payment to $2598, a $27/month savings.Math says buying the rate down has a larger net benefit to you up front, but it will take you 42 months to break even.

@James @James Mays yes I do and it's exactly the same.Good Investing...

What's the objective? 

@Danny Van Call Marilyn at the City Rental Dept. and she'll send you all the info you need.Be careful though, of leaving the house vacant for more than 6 months.

Brody:Hello from a fellow Michigander.Prior posts and your profile indicate you are new to RE investing. 

When it comes times to start taking RMD’s you either have to sell and face a big tax bill or come out of pocket for all the taxes due. 

I made offers of several properties, waited and monitored the countdown for the live auction to begin which never actually happened. 

We are actually doing the remodels, so we are the end buyer.