If I waited for 2 incomes, I'd still be waiting. 

I'd spend a few weeks digging through all of the free facebook groups before impulse buying a mastermind.

I'd rather sacrifice a tad on B in the short run to get A right. 

I started with a duplex so that if even if had a vacant unit, I'd still have one cash flowing.

I'm not sure of your FICO, loan amount, etc...but I'd expect the difference in rate between 75% and 80% LTV to be around 0.5-1.0%. 

I'd also talk to the water provider and find out if the bill follows the tenant or stays with the house (where I am it is the later for water and former for everything else). 

I'd say it takes about 3-5 years to really build up good credit where the company is taken seriously by lenders. 

If I will refinance before the 5 year fixed period expires, without any penalties, I'm having a hard time understanding why I'd want to go forward with a fixed rate currently.

Thus, your 20% down + fees just became 30% down + fees in a sense.Mortgage brokers job is to find you the best rate / terms.If you're interested to get in contact with investor focused mortgage brokers I'd be happy to make some intros

I'd recommend to reach out to Michael Estes here in Austin - he may be a great fit to help you with what you are looking for based on your goals/anti-goals listed aboveMichael EstesTexas RE Broker License #494994www.trendRE.com