There is no point in buying a rate down in this environment, take no prepay or short prepay option, then refinance when rates drop, no need to spend the capital when it is clear we are headed down in the nearing future.

Also make sure your contract allows for obtaining financing after the initial seller financing term.

The tenant didn't work out, but I at least had some success.

For me it is about long term planning and I am fine with slow and steady of buy and hold. 

Long story short I ended up selling this one and broke pretty much even a little over a year later.

If the numbers broke even at 3.5%, investors would be flocking to buy that property putting 20% down.House Hacking is about the long term gain.

Roll it into the rent with a lease clause that anything over $X is split 50/50 between both tenants and you don't care who uses more water...In short, spend some money and make it a legal duplex or at least make it two separate units.

The partnership and market strategy led to a successful outcome with minimal holding time, maximizing return on investment.

Loophole is a term politicians gave for tax laws they do not like. 

Wondering if these are c/c+/b class neighborhoods and if tenants will be long term tenant and what the vacancy is like in North Linden Ohio.