If you pay an additional 10k per month, then the interest portion of your next months payment will be calculated based on the 10k reduced principal balance, even though your total payment will still be the same.Not sure how handy you are with Excel, but there is an amortization template you can use that will show you precisely how much faster it will be if you make the monthly 10k payments vs the year end 120k.You're in a good position and I personally think you are right to want to adopt a long term strategy of paying off your properties with rent money.

Quote from @Alex Breshears: Quote from @Peter Brown: @Alex Breshears This is precisely why my initial plan was to finance my first STR as a conventional loan for a vacation residence.

. - that's precisely the concern I have.

Way more precise than Airdna since it pulls from actual booking data.

@Will Barnard That is precisely the point... the risk for $10,000 (apparently pre tax profit) is significant.

Even though it is disclosed to the buyer that she is using his funds to fund her purchase, it runs afoul of some rule precisely because it is the 3rd party buyer's funds?

HYPERINFLATION:  Unfortunately theres no precise definition for hyperinflation.  

Keep in mind that these policies are drafted by sophisticated attorneys and drafters and typically have precise language and exclusions.

Thank you for the precise information. 

I was told precisely the same thing when I bought a house in Florida.