How much lower rate do you think you can get on a 15 year loan?

Once you retire, your lower income and write-offs from rentals should reduce the taxes you pay on the 457. 

I would also consider the route of not house hacking if your current rent/mortgage is less than what you can get out of rent from the lower unit.  

@Chris RendallAlways the lower number of the appraisal or the sales price.

Since you’re buying and not refinancing like we were, hopefully this will work out in your favor and allow you to grab a  lower purchase price.

The unit stays vacant for an extended period of time, and you have to lower the rent to fill it again.  

@Daniel AntonettiIn general, not much you can do after closing.If you had made specific requests about the tenants in your sales agreement then you might be able to go after the previous seller for not complying.But, if you didn't have specific language in there, the owner is still able to renew leases.Even if you had Estoppel Letters, it wouldn't prevent the seller from doing something sneaky at the last second like signing a lower rent lease in exchange for doing fixes the seller didn't want to deal with out of pocket.

You do need to understand debt and the underlying securities but this is certainly lower risk than above.Note funds.

Heck, in lower income neighborhoods, it may even protect the property somewhat.I think in this case, @Courtney Hebert, you two just got off on the wrong foot. 

Good luck and I'm sure it will all work out since you're the obvious owner, but stuff like this just rubs me the wrong way and yet again lowers my opinion of the bureaucrats.