Financing contingency is there if you can't get the loan at the amount you thought, interest rate is raised or your payment changed higher than you put in the loan could give you an out.

Refinancing: If the lender doesn’t approve, refinancing under the LLC might be required, but LLC loans typically come with stricter terms and higher rates.3.

Floating rate loans may help cash flow early in deal, but put a lot of risk into deals. 

But that's just me, maybe your market can tolerate higher nightly rates.....I agree with Bruce.

If it was due to a natural disaster they cannot raise your rates.

Rates will at some point allow you to refinance.  

Like our other class B shares (we also invested in Praxis), they stopped paying out pretty quick when the interest rates when up.

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

Possibly lower returns than projected because of statutorily mandated interest rates following court judgements.

I am unsure how to accurately predict rates and occupancy.