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I think you're still confusing the IO and P&I loans. Paying IO you NEVER start paying off the principal, that's what makes it different to a P&I loan where you pay both until the loan is paid out in full.

You never stop paying the interest, IO is ongoing for the life of the loan. However when you want to stop paying IO, pay out the loan then you sell the property (preferrably at a much higher price than you paid for it..aka HANDSOME PROFIT) pay off the principal and have money for your next...