Anyway, I only have one rental that I live in so take it for what it's worth, but I agree with @Alan Rohrer.

Sounds like everyone agrees. 

It is kind of a waiting game, but I definitely agree that the live 'n flip is probably the way to go right now.

I agree with the above comments that you should go with a 30 and always pay it off earlier.

I agree with Scott Weaner .

I totally Agree with you sentiment on the big banks.. non personal  out to fee you to death etc.I pay zero fees on anything I do save wires..

I agree that this situation isn’t one of those “meet in the middle” situations.

The circumstances surrounding it aren't the greatest, as he was essentially screwed by his wife's sister after she agreed to use her credit to get them into a house that they paid down for $400K over 10 years, she didn't pay the down payment, or taxes an insurance, and now she is demanding more than half the $500K equity after saying multiple times in 10 years she wanted nothing in return.

There is no hard and fast rule and the grading is somewhat subjective, but most people agree with the general definition of why a property may fall into a certain category.

@James Wise Do you agree with Josh's estimate of 15% down, or have you heard of lower?