Before you start to do anything, do a little research.First, what you describe is a typical format, but the insurance guy teaching you to borrow against your policy is a poor programming choice.

Sounds like a rare match for what your looking for and a pretty good deal otherwise.Keeping that much cash tied up isn't particularly smart, but ok, it's your choice (to ignore the numbers.) :-)  Last but not least, negotiation is a part of the game - an expectation.  

Here is where you might begin in understanding the nature of posters on BP (or any site).Cognitive bias is applied in economic psychology to study reactions, selections or choices, fears, our naïve nature, how we justify things and more.I studied these aspects a bit in school, but there was a short sales book that identified personalities and the best way to handle them, I couldn't find the book and I've forgotten most of it, I just use a big hammer on most personalities, works for me.I did find this for anyone interested.

Top two choices for day of the week.2.

Best choice is probably to purchase outright and hold for 60 days, or rehab yourself and resell to a retail buyer after 60 days.

Again, it will always end up with a choice of economics/financial gain versus course quality and convenience.

Then making the choice be courageous enough to meet that goal.

We all just about agree it is better to have cash flow and the note paydown to free and clear over time, but in a circumstance where the OG poster could get another rental using no money and break even on a monthly basis, I see that as a positive.Clearly, the choice is cash flow + principle paydown, but if you can get only principle paydown for return using no money, your final return is infinite and the OG posters captial he does have could be used to concentrate on cash flow + pay-down/appreciation.

I could have rehabbed the house – but this would have been my LAST choice.

Vinyl has dye lots, pattern matches...and if you don't buy enough at the initial purchase to fix future problems, you will be dealing with different vinyl looks at some point down the road.Personally, I think LVP/LVT (Luxury Vinyl Plank/Tile) is the better choice to install throughout the traffic areas.