Separately, there are tons of older extended stay hotels in all the major growth cities with people living in them paying (fairly high) monthly rates due to convenience or lack of qualification for typical rentals.

Thank you all for the help!

It seems like a free for all with RE gurus now...

When property is owned in your personal name, you can keep all the funds in one account.

This was not like taking out a regular mortgage, There were all sorts of hoops to jump through and tons of extra paperwork to fill out but my Realtor and Lender made the process easy!

After all, they claim the home is full of mold and killing them, so they should want to leave quickly.

If I continue at the rate I am I should hypothetically have it paid off in about 4 years even though it was a 30-year mortgage.My question is do you all recommend just paying the minimum on the mortgage and then saving the extra in a high-yield savings until I have enough to put a down payment on a rental?

@Rene Hosman thanks a lot for all the Information you shared!

Thanks to all who messaged me privately and @Chris Mason, I found Auto Owners was pretty competitive.  

Evictions (we all dread this one)D.