I think over the foreseeable future we will see this continue due to rising prices in those markets like California and New York.

In the near future, we’ll be visiting The Shoals area in northern Alabama, where we’re considering a potential move this spring.

Our immediate plan is to get some STRs going and mix in some mid or ltr, and in the future a few other possibilities to bring in income. 

I'd be heavily focused on mitigating that future tax liabilty rather than directly supplementing that income.

***************************************************************Ah, so much for betting on Future Appreciation. 

This is my first deal and I wanted something to provide me stability for future me

It is something I am interested in doing in the future, potentially even this year, but I am curious how to put concrete numbers to this decision.  

Would the 9-year balloon concern you, knowing you'd need to refinance or pay off the balance at potentially higher market rates in the future?

Are you looking to purchase more RE in the near future?

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?