I think buying something outright is more risky because it is like having all of your eggs in one basket, using financing is having the banks eggs in there with a couple of your eggs. and with looking at macro economic factors inflation must pick up in the next few years making that cheap bank money payoff faster.

I'd pass faster than it took me to write this post.

Anything I can do to turn my purchases into positive cash flow investments faster, i.e. should I try to get into a MFR or is that too early for me?

My schedule E tells me that tenant turnover, not crayon markings, makes my numbers bad instead of good.Hopefully those reading this will figure it out faster than I did.

Often times the seller's market will fuel price increases.

As a side benefit, theyre easier & faster to install than a standard gas furnace in the basement.

Let me play devil's advocate and fill in some guesstimates for additional expenses, vacancy, etc.Rent 40,080 3% Vacancy/Credit Loss 1,200 OpEx:Advertising 300 Insurance (fire and liability) 1,200 Lawn/Snow 300 Repairs and Maintenance 2,400 Taxes - Real Estate 3,600 Utilities - Electricity 500 Utilities - Fuel Oil 1,200 Utilities - Sewer and Water 600 TOTAL OPERATING EXPENSES 10,100 NET OPERATING INCOME 28,780 Debt Service 802 CASH FLOW 27,976 Cash-on-Cash 7.44%I must tell you that I'm not a big fan of cash-on-cash as a metric, because it doesn't take into account time value of money -- it assumes just the first-year's performance.

You could then use such returns (the spread) to pay down your mortagage faster that way.

If this is a good investment would it be in my best interest to live on site and pay cheap mortgage or try to rent out second half and pay house off way faster?

yet another super close meetup I won't be able to make due to my graveyard hours :) Guess I need to just hurry up and replace my earned income faster.