One rule helped here (I simplify a lot): you should always count how much money will be left in your pocket after all expenses (including mortgage payments, taxes, fees, utilities, as well as the reserve fund for the current repairs of the property).

Your city's planning department will have a form to fill out or other method to communicate with AT&T's Engineering Department.

They are responding to facebook linkdin and bP PMs where the adds are simply to good to be true  so they get sucked into thinking there are actually loans at 5% for hml  or that NO down payment is necessary or that NO credit is necessary etc etc.. while it could happen for very experienced repeat borrowers  everything but the interest rate that is. 

I came across one of the webinars of biggerpocket that's when I realised that I must learn of these methods to create my portfolio.

.- passive investor puts in 30% cash for down payment in return for 40% ownership- deal provider (Me) puts zero cash in but finds, secures and manages the deal, bank financing and 100% of the property management- bank mortgage for 70%- closing costs split 50/50- capital improvements split 50/50- all monthly positive cash flow (profit) as well as 60% property ownership goes to the deal provider (me).- first refinance (year 3-5) get investor's 30% investment out (before I take any equity) so we can do it again! 

So instead of sticking to your typical balloon payment after 5, push back and try to see if they are open for a hybrid term to drag it out longer. 

Does it reduce monthly payments or keep the monthly payments same and pay off the amount quicker?

My parents brought the down payment, while I paid the closing costs.

Neighbors offered that the person left because he could not afford the payments and he was being foreclosed on. 

Civil records clerk claims the only forms they have are landlord/tenant eviction based on non payment of rent and I need to google the form I need.