Quote from @Adam Macias: A 50-year mortgage sounds like affordability — but it’s really it'll be debt that never ends. lolOn paper, stretching a mortgage from 30 years to 50 lowers the monthly payment, yes.But in reality, you’re paying far more in interest while barely building equity for decades.If you buy a house at 25 years old if you're lucky, you'll be 75 when the mortgage term ends...It’s housing that feels like ownership but functions more like renting — just with a longer contract and a higher total cost.The real problem isn’t the length of the loan.It’s the affordability crisis that’s forcing people to consider lifetime debt as a solution.Until we address prices, wages, and supply, extending loan terms only delays the inevitable...The further elimination of the middle class chasing the American Dream of owning a home. 

Section 8/HCV programs can provide stable, long-term tenants and government-backed rent, but as you’ve experienced, policy and administrative changes can create unpredictability.It’s a reminder that while government-backed programs reduce tenant risk, they don’t eliminate operational or policy risk.

Hello @Henry Lazerow - You are correct about the risks of allowing pets in your STR; however, I've found that to NOT do so eliminates far too many of what would otherwise be good bookings.

Since many real estate investors pay zero in taxes....you would be eliminating many people from these forums from the voting booth.

Guidelines to follow:Only buy in low-cost markets if your costs stay under 75% even after paying for two major capital improvements, such as a new roof and a new water service line.Make sure you can eliminate all obvious safety and health hazards—like broken sidewalks, missing railings, lead paint, or poor lighting.

Have successfully removed/eliminated all rats via bait stations then removed all cabinetry, baseboards, and drywall to 40 inches to expose studs and baseplates for spraying, and remove corpses (30+).  

The interest rate is at 3% on the home and doing a cash out refi would eliminate that low interest rate.

Make improvements to the property and eliminate all buyer objections to achieve the highest retail price if you sell. 

That’s one of the big differences compared to a conventional loan, where 20% down eliminates PMI.When MIP falls off:For FHA loans made after June 3, 2013, the MIP rules depend on how much you put down:Less than 10% down: MIP stays for the life of the loan.10% or more down: MIP lasts 11 years, then it drops off automatically.How to remove it sooner:Yep, to get rid of MIP earlier, you’d have to refinance into a conventional loan once you’ve built up at least 20% equity and meet the other lending criteria.A lot of first-time buyers go FHA just to get in the game, then refinance into conventional once their value or equity grows enough to make it worth it.Hope this helps...

I’ve eliminated all MORTGAGE REITs (mREITs) from my consideration because they’re much too speculative - they borrow 4 - 9 times their capital base.