(i am using these numbers from an online amortization calculator) In the first month paying just $474.42 to the principal ending the first year at $5858.98 of total principal paydown. 

I also plan to eliminate monthly pet rent as I read tenants hate this (thanks to Reddit)ReturnsGross cash flow:Base case rent : $59  or $708 annually (at least it covers monthly carry cost)Likely rent: $309 or $3,708 annuallyNet cash flow: Base case rent: -$239 (-$2,868 annually)Likely rent: $1 or $12 annually (LOL)Principal paydown:Average monthly principal paydown over the 7-year period: $624 ($7,488). 

The $650 principal paydown is forced savings, but it doesn’t help liquidity if something unexpected happens.2.

Take that $1,847 and send it to your mortgage company as an extra principal payment.

My mother learns that paying off the principal is one solution but we still having to pay the interest since we got the house 3 years ago and we only discovered this now.

Warmest Regards,Alyssa LundvallFounder & Principal Designer, House of Hartley Interiors

They will not go over the most recent lowest subdivision sale in the area to protect their principal, reduce their risk (for both parties, making other side come with own money or use credit) to prevent the likelihood of them having to foreclose.

Principal is never deductible.

The best program guidelines will be for DSCR loans where the actual or projected rent from the appraiser's rent schedule is more than the new mortgage (principal and interest), property taxes and insurance and HOA if applicable.

It went from getting our principal back in the August webinar to our entire principal being at risk a few months later.