You can also consider installing solar collectors to heat your water, which can reduce your energy costs in the long run.

I'm desperately searching for a financing option for my spec homes that will give me better terms than the 10-12% interest plus $10k closing costs that my current HML is giving me.I tried doing buyer-financed, but they haven't been selling very well (although I really haven't waited long, I'm just impatient).

In the past I have purchased properties that were zoned commercial, however I have purchased them with the intention of being long-term buy and hold residential rentals (multifamily 4-plex).

Here are the details:Lower Floor: Already functioning as a separate unit with its own meter, entrance, and bathroom, currently rented to long term tenant who would like to stay, post-sale.Main Floor: Has its own entrance with immediate access to an upstairs.

If you have had long term tenants you have until July 22, 2024 to complete this and remain compliant.

Whether you target B & C class neighborhoods for immediate cash flow or explore up-and-coming areas for long-term appreciation, the city has something for every investor.

How much more rent per month are that worth to a long term renter or midterm renter? 

Long term it probably doesn't though. 

I used to live there for a long time so I have a good understanding of the city.

Additionally, there could be tax consequences for you, possibly losing your long term capital gains tax treatment.