I would think that if I have the opportunity to pay off my own mortgage or let someone else do it for me… I am a nice guy, but would prefer to let them pay it off.
It does sound like security is important to you so make sure you factor in some vacancy and your management costs. I really think that rents are going to go up with all the people that have had their credit destroyed lately, but I could always be wrong of course.
Yes. There are tax benefits, but I’m not a CPA so ask them about that.
