I can not fathom how you were not informed that this was a DSCR loan and you should absolutely inquire about the specifics such as whether your are IO or not and the pre payment penalty. 8.4% is high in todays rate environment, even for DSCR.  

At 4.25%, that’s a favorable rate, especially in today’s environment where rates have risen.

The increases are not strictly about creating more profit for a Landlord, but rather more often than not, they are necessary to keep a property in good condition (including good financial condition), meet safety standards, and ensure a comfortable living environment. 

Active ownership takes time, patience, capital, knowledge, and comfortability with more liability.

I would assume this is not something someone would have a goal for as their living environment, but would have to settle for it due to their low income. 

It's awesome you are considering where you want to be and flexible with that.I'd look at your high growth markets, where there is a diversified economy, job growth, income growth, population growth, business friendly environment. 

While it's true that locking in rates for a longer term can seem counterintuitive during steep yield curve normalization, you can remove prepayment penalty altogether if you are comfortable with a higher interest rate.

Reflect on and assess the level of risk you are comfortable with taking on.

Even thought I would be able to rent all units out I wouldn’t feel comfortable putting that much capital into one property.

Or at the very least be comfortable working a job but knowing that I don't have to if I don't want to.Options I’m Considering:1.