It only applies to residents living in Jerome Village so for investors, it would only apply to rental income from Jerome Village properties, not your entire portfolio or out-of-state income.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

To me, monthly cash flow is better in the long run.

--> Then after 5 years of one property, sell it... either to the renter or on the market, --> Then, do TWO more properties, and add another $5K to SWAN account to pay for expenses related to the two properties acquired. 

@Nold R.there are really three options for you to do this. 

is this a good way to buy a property at a discounted price? 

But feel free to keep making more for PHX because I'm not biased or anything haha. 

It was next door to my moms bed and breakfast so we could manage it easily.

Is it a firm 6 months or is it likely to be extended.

It probably makes more sense to invest it than to pay off the mortgage but I can definitely see why someone would want to get rid of their debt.