If you're going to be carrying a mortgage in the future, and have the income and assets to make the mortgage work, a conventional loan may be more beneficial.

I may have a deal for you in Columbia, SC if you are interested in coming a little further South. 

I wouldnt increase my tax bill to show higher income , self employeed , they want 2 or 3 years 

So the question is would you rather make more interest (you’re getting a higher return than you can find today elsewhere.)Or would you have your money back sooner and give up the interest income.

. # 2 financial security # 3 a low maintenance source of income 

However, an essential exception emerged in the 1990s, allowing specific rental income to be categorized as non-passive.

In addition to what has already been said in regards to the rental income it can make you, another important element to consider is the added equity in the property.

Is a low income area, and building is not in great condition, but 90% occupied.

Quote from @Madhul Shah: If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on the individual's taxable income from the rental property? 

Are they the same from a Tax perspective, Ordinary income versus long-term capital gain rates?