The mortgage, or debt service, is not an expense.

Here is my quick math for self managed.   45600 gross-4560 vacancy-2600 taxes-3000 insurance-4000 cap ex-2000 repairs29440 NOI, 9.2%Debt:80k down, 240 mortgage-15456 debt service 13984 cash, 17.4% ROI + debt pay down You could do a lot worse.

We have little experience on the acquisition/debt side of the business.

I already own a duplex that has a mortgage and a house that’s free and clear and will end up being an investment property in a few months as well.I also work three jobs (one under the table and one with tips) and can show good income as well as have reserves for all debts for around 4 years worth of payments.

Do they do better than cabins because of their lower debt carrying costs?

Which means we now also basically have 11 acres of land with barns debt free.

Does anybody have examples of long term debt after a property is stabilized? 

After one year of primary residence, if i have to move and put a tenant in place how long do i have before the rent roll will offset debt for another loan or how quickly could i get a loan for a another fha property

Get rid of debt, build a budget, and save.

I did this with the intention that I would immediately be able to get an 80-90% ltv heloc which would allow me to have buying power when the right opportunity arises, without having to pay debt day one with a mortgage.