John,You're probably looking at the short term monthly cash flow (not much different) and the risk mitigation of not having a mortgage.

Because we have quite a few, we have been skirting the 10 mortgage limit by rotating names to put on each mortgage, essentially allowing us to acquire 30 mortgages.We are essentially funding each other's personal properties and operating under a general partnership agreement, and mitigating risk by sharing P and Ls evenly between all units.

One of the guidelines for doing a loss mitigation option with the lender requires the homeowner to be in default.

Risk is mitigated by experience.

A good financial advisor will be able to provide better returns than an index in bull markets, and mitigate losses during bear markets.

I feel like now its all about me trying to mitigate loss.... ugh...

My idea to mitigate this expense was to purchase a pull trailer that hooks up to truck via hitch.

Its all about mitigating problems and risk.

I am willing to take a risk (obliviously) I am just looking to mitigate that risk as much as possible.  

Of course, one way to mitigate that and increase your earnings is to collect rents while leveraging / arbitraging your equity: borrow it out, then lend it out at a greater interest rate than you're paying on the loan / equity line.