Loan of $162,000 (SFH) is currently at 6.275.  

Interest rates for primary residence are typically about 1 percentage point lower than conforming investor loans so if you can buy a new primary residence and rent you current one out you will save a lot of money on interest payments.3.

I'm trying to learn from my mistakes, including being able to read a title, getting all other information (liens, loans, taxes, etc.), fully researching before I buy a property, getting a lawyer to help in future bids, title insurance, and home insurance.talked to a title insurance company they said my my title search is an abstract does that mean there might be vital info missing regards to more money i might have to pay  ?? 

So I bought my first house for $605k at 6.4% with a conventional loan 5% down.

Purchased home using VA loan.

It's crazy there are still many thousands of these things out there in the wild (millions installed originally from 1950-1980).

The house needs a roof and the existing roof is very old asphalt over cedar shake so according to the roofers they need to completely remove everything down to the rafters and install 5/8th inch plywood then reroof from there (one estimate so far came in at $31k for that).  

I was planning to use the FHA 203K loan for Acquisition with Exit strategy for flip or Rent and Refinance.

In addition, my husband does some side work doing landscaping, installing turf, etc. 

You did not mention any payment issues, have you been collecting mechanics liens with each payment installment?