Honestly i have no clue which angle he was ultimately trying to go at, but it sounded like he works with a lot of investors who own real estate that produce more deductions than they have in income to claim on taxes, the point he kept repeating was that you can calculate how much income on a property could maximize the usage of all your deductions, then either pay down to this point and maintain it, or refinance the property in a shorter mortgage to gain income and bring the level back up to this level every so many year or after paying it off. 

I’m thinking of selling life insurance part time to save money or should I just put all my focus on real estate?

Has some money saved up, but maybe not quite enough to get a traditional mortgage.2.

Saving money on fees is not worth a sacrifice in quality of service and reliability.

The USA is the opposite, high borrowing costs, but appreciation if timed right.I would recommend building a 800 FICO for FREE and a 80 PAYDEX LLC for a few hundred, saving cash, and waiting for the next bottom.

Leverage their experience and knowledge and save your friendship.

Having a vision for the property (very distress property) and a team that repaired the property in a timely and cost saving manner.

My first instinct when I buy I house it to pay off the loan quickly, so as to save on the interest. 

Ultimately the renters are paying all these fees it is built into your rental price.

I have some cash saved so I can look into a multifamily in a cheaper area as well. ( I'm by the coast so everything here is expensive) C) Keep this one but rent it out completely and buy another property as my primary ( possibly in a cheaper area).