If you have an excellent renter and they are less than 10% below market, I prefer to only raise the rent every second year.

The product I preferred was the 5/1 ARM on 30 yr term with first 5 yrs IO.

@Ravi Kiran I got more clarity from my preferred lender.

Real estate is a fascinating subject to discuss, with many techniques, strategies and leverage points based on personal choice and preference. 

Hi @Anna Dyal, looks like you should definitely try another mortgage broker, preferably one who is familiar with financing investment real estate.

Preferably Jackson?

From my conversations with them they seem to prefer the latter option. 

My wife would prefer to be as close to Austin as possible so we’ve begun to look at areas like Salado, Jarrell, Georgetown, Florence, etc.

(Yes, good advisors exist.)In general, look for a Financial Advisor that is Fee Only - Fee based can work as well, really it depends on the firmIndependent - They don't work for an insurance company and are not limited in their investment optionsFiduciary - Legally required to put your interests ahead of their ownCertified Financial Planner - CFP is the preferred designationPersonally investing in real estate - This is pretty rare.

I really prefer to print out PDFs of the properties.