Keeping a rental is cute and all but your ROE is low ($500/mo on $260k). 

I guess maybe I've been listening to too many podcasts where people have had low offers accepted.

The house clearly had some "settling", the price was low for the market, and the house was 50+ years old, so even though there was clearly some foundation movement "in the past", it was a solid purchase. 

Seller says B then I know it is low C maybe D.

HELOAN would only be about 14% of the equity so little risk even on a down market.I am picking 10 years as it is the point where it will allow me to cash flow monthly and it keeps the rates low enough.

As an owner, you can leverage low % down programs especially for yourself as a physician which has some of the best loan options out there.

Don't build a business model around low interest rates and you'll be fine.

Even if I low balled the montly rent I still come out with a nice amount on the 8 properties minus the yearly property taxes it is a no brainer.

Why not look into buying a storage or some mini-mall.

"Swamp coolers" work well when the humidity is low, but during our storm season in late summer they will not cool enough.