I am a local agent in Nashville and a big fan of the mid-term strategy.

Been going strong for a year and a half.

If you add mentorship and a solid REIA network, you’ll position yourself not just to grow wealth but to do it in a highly tax-efficient way.This post does not create a CPA-Client relationship.

30 year fixed and a covenant loan for 2nd.

I researched them earlier this year and there are a lot of satisfied customers and a lot of dissatisfied customers. 

.: We have gas (and a cover that's hard to remove to keep guests from roasting marshmallows, etc.).

I always focus on exit mechanics: rights of first refusal that actually function on a timeline, an appraisal method everyone accepts in advance, and a pre-agreed path to sell or buy out without torching value.

We've had success insuring through Steadily as well as Obie and a few others that allow portfolio type coverage. 

Quote from @Jules Aton: I may be in the minority and as a small landlord it is easier but I tend to be flexible with good tenants who have the occasional struggle. 

There is too much work and a better way to scale with multi-family.