However the catch is that she want to remain living there (with her dog and cat) for as long as she lives.

Investing in real estate is one of the last remaining blue collar ways for us little guys to build some actual generational-type wealth.Heck, even if you change your mind and stop after 5 houses.

You will take a small hit on your score when you apply but it will go back up within a couple months of taking out the loan (assuming your paying all your bills on time).Make sure you pay your credit card bills BEFORE the statement cuts, that way your utilization reported to the credit bureaus will remain low which will raise your score.

I have slowed down purchasing more properties as I convert the remaining 12 properties to Airbnb.

Remember though no matter how much you love it,  you also want to remain  solvent and hopefully make money..

Refinance at after 24 months to pay off remaining balance on seller's note and then rent to tenant.

Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years .

Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years .

I don't know your floorplan, but you might consider expanding into only a portion and keeping the remaining as a smaller unit.

Let it be known if payments can't be made because expenses remain too high, things go away.