@Robert Piercethat's pretty standard

Single night stays in a crowed city are a guarantee for a party.Not a fan of single nights because they invariably prevent quality (ie longer) bookings because they punch holes in your calendar.

Quote from @Steven Stanimirovic: Hi Rich,The prepayment penalties you’ve encountered are quite standard with DSCR loans, as lenders often structure these penalties (commonly called "step-down prepayment penalties") to offset the risk of early loan payoff.

This combined with minimum footage for a bedroom means many lofts do not quality in CA as a bedroomDifferent states will have different requirements for what constitutes a bedroom.  

This allows you to buy using a LO, but you don't have to sell to the tenant, which allows you to have a standard tenant in place. 

(investments structured with principal & interest payments is part of what fuels the snowball at the beginning)If you're looking for a standard return rate, yes you're usually looking at between 8-10% return on Prosper (Tardus is not affiliated with Prosper in any way and does not recommend specific investments)Hi Lindsey.  

If you can’t quantify risk and don’t understand the mechanics of “weighted” average of expected return and range of returns (standard deviation) then you are at a severe disadvantage and should consider a competent investment / financial manager for your investment capital.  

Only thing better would be initial deposit and then paid in full upon Certificate of Occupancy and punchlist complete.Of course, standard items should also be checked: licensed, insured, willing and able to pull all required permits, reference checks.I would also commonly avoid the cheapest bid you get.  

Look into local rental demand—perhaps that area can support a short-term or mid-term rental strategy instead of a standard yearly lease, which might boost your income.

Yea the thing that was confusing was that the listed rentals on Zillow or Redfin had pretty big discrepancies in price while they appeared to me to be of similar quality.