For example - an investor may look at a property and think “I have $80k in equity sitting in this home” because they take the appraised value and subtract the current mortgage balance.

In Louisiana (Im not sure if this is every state) when you owner finance title does not transfer until the mortgage is paid in full or refinanced.

(Still unsure if this actually correlates to rent price as the housing authority rep that I spoke to was very ambiguous when I asked what potential rents I could receive)The only reason that I'm considering is because this purchase was by no means a great deal, I just wanted to have something cheaper than my rent while learning how to renovate/manage a property.

Should I pay off my mortgage?

I know - boo hoo poor insurance companies.Think of it this way - if 95% of the banks in the US were losing money on their mortgages what would happen to lending?

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You still need to send 1099s to all DBAs, LLCs, and partnerships.Commissions and fees paid at closing to licensed realtors and mortgage brokersPayments for purchasing all kinds of goods, materials, and property, including real estate itselfRepayments of loansI do not have my contractors’ SSNs – what do I do?

I am looking to keep these houses and use them as long-term rentals OR owner finance them through a licensed mortgage loan officer to be compliant with the DODD Frank and SAFE Act laws.

Does DSCR loans offer mortgage Forbearance?

It would be much cheaper to do electric baseboard and a window AC depending on how big the space is.