But you are far more better off leveraging that money and making more that will eventually pay off the rate difference.

Eventually I want them to work for other people as they figure out what they want to do in life.  

Sure thing though anybody who moves in there is going to eventually get to know their neighbors and the story of "did you hear what happened in your house" will circulate.  

If you do figure out an arbitrage strategy, you will make some temporary profits but eventually the computers will detect your wins and start front-running your trades.It helps to have an advanced degree in Math/Physics/Statistics, access to sophisticated simulation software to back-test your trading strategies, and the intestinal fortitude of a Navy Seal :)

I would google FHA lenders in your area, and if property investing is something you think you may be doing a lot of, it might be a good idea to  find a local lender that also does portfolio loans so you can eventually have all your loans from the same bank.

After we pay off debt and purchase other rentals we will eventually include this new house into our rental portfolio.  

Additionally, my family will eventually move back to the US, and I'd like to develop non-career related income that will allow us to be more flexible with where we'll choose to eventually settle.

Eventually, bid goes low enough that somebody with enough patience actually buys it.Hope that helps, Brian

so he would eventually only get part of the 420kbecause he has to put some of that money back into an account for me to use in repairs.

My web site is for two things only...to compliment my direct mail to provide credibility then leads via the site and eventually provide viral leads.