The maximum benefit of cash is because you can buy distressed properties that will not pass inspections for conventional financing.

Your interest rate is very attractive and you are getting multiple benefits from owning the property (income, tax break, mortgage pay down, appreciation, and leverage).Personally, I would probably find away to hold on to the property unless you had a more attractive investment opportunity.

Fellow BP Members,This post is looking for inputs (or links to other threads I may be missing) regarding three inter-related issues (I do have an Attorney, Mortgage Broker, and Accountant...but sometimes I gain more clarity by reading a good BP post from accomplished investor).Example Scenario: I own two rentals in two different states (Rental A, 2-family and Rental B, 1-family) both as personal investment properties. 

Can an heir who is executor of estate refinance a deceased relative's mortgage into their name?

If you live in a relatively poor area, as I do, you'd be silly not to.

Any tips or anyone who can relate would be great.

Often the amount of benefit you get from informed risk can be proportional to the amount of profit. 

According to HUD regulations, a Section 8 tenant may not be related by blood or marriage to the owner of the unit they rent under the Section 8 program.

I would love to know the criteria for these NC loans, because I do see the "down the road benefits".

In what ways, if any, can you benefit from your investment BEFORE reaching 65?