The plan is to live in it for a year save money move out and rent the property and rinse and repeat for as long as the bank will let me (I read they will only let you do this for 3 or 4 houses.)My wife is scared of having 3 or 4 loans so she wants to try to pay the first house all the way off then proceed to purchase the second one thereby collecting most of the rent as profit, me on the other hand I want to put just a minimum % down purchase a property save up money for another down then moving to the next property and renting the previous property out and then doing that 2 or 3 more times until we have 3 houses where the mortgage is paid for by the rent each month with a little bit left over to save.

We own two properties:-Our primary residence: $345K left on mortgage (about 28 years remaining since we refi'd 2019).

I also sprayed around perimeter of house with Ortho Home Defense Insect Killer (I had large container left over that I previously used at my own house).

(Why should the tax payers be left footing the bill for a scammer?)

@Zander Kempf I have some out of state STR buyers they use Vacasa but in the lakes region (https://www.vacasa.com/).I also met a local STR PM a couple weeks ago in Portsmouth but I left his card on my desk …I’ll dm you if I find it. 

In that case, to reduce the amount of needed capital upfront and to be able to have more capital to get more properties, is it wise to use PMI to lower down payment amount so you have more money left over for another property?

Also it's only 8 years left on her current mortgage and the house is in Ohio.

Yup, basically I think the only thing left is the outer cover and boxframe that it sits in. 

In 45 days, I’ve gotten one tenant (high credit, seems decent) and a few applications that fell thru based on Tenent financials.My actionable steps I’ve thought of:1) lower price - I have $1580 liability left and 2 units to rent - maybe I’m just way to high on my rent price?

I owe $60k in taxes (I’ve lived in Nevada so long I forgot MN would come after it’s $20k.) and I have $200k left, sitting in the bank earning $15/mo.