It is laughable how many don't and of those that do, they are not in your favor.

I do anticipate more refinances this coming year since rates are looking favorable and so many balloon notes that have been on extension after extension will eventually need to be paid off. 

tend to believe everyone is motivated by money; people who are lifestyle motivated think everyone is motivated by the least amount of time expended; people who are risk adverse can’t believe other people are willing to “bet” on outcomes even when the odds are clearly in their favor. 80% of the time (IMO) people who make decisions we disagree with are not making stupid, ill informed decisions or being “tricked”; they just have motivation, needs and desires different that our own.  

You could also lock yourself up into a contract that is not in your favor for too long and miss out on other opportunities. 

It is a nightmare evicting deadbeat tenants, so when they are out I will only go back to AirBnb, short term rentals in the future as Vermont has laws very favorable to annual leasing tenants.

Do your self a favor and figure out which McDonalds Pete Fortunato meets at every day.

Even though the result was not favorable, I am confident that everyone involved in this transaction entered it in good faith.I can truly understand how this situation could be overwhelming for a new investor.

Put up a light with motion sensors, but honestly if one of the adults is sneaking out the back in the middle of the night-that is silly-why not walk out door like a normal person. 

My job allows me to get favorable loan rates. 

It probably will not since real estate is tax-favored in the after-tax world.