(You’ll need to have an exterior enterance for the lower unit.) 

Whereas with a car- you could sell the car and STILL have debt.You could always do a mix of both- pay a HUGE down payment to have a bigger buffer between the home value and the mortgage + have a lower monthly payment.Regardless- even though it may be preventing you from buying RE at THIS MOMENT- you are doing a great job financially being completely out of consumer debt!

An article came out last fall showing that the newly installed cameras on the boardwalk and the ones covering the streets connecting have lowered the crime in said areas.

If you can lower your mortgage rate at your primary house you may want to consider refinancing it to a 15 yr mortgage if you can qualify.

And could even lower your monthly payment  = more cash flow with that property.  

And their fees are lower than FHA loans too. 

It was a rocky road with the first property under contract the leases came out showing lower rents then we were told and decided to break contract.

But going forward I will attempt to replace a short-term PML with a long-term PML at a lower rate, such as using someone's Self-Directed IRA Funds over 10 to 30 years.J.T.

Most investors are looking to the Midwest / Southern state areas for lower priced cash flow investment properties. 

If you take personal financing and the deed personally, you will get a lower interest rate, but the loan will show up on your personal credit report.