So bottom line is my experience with Wagner and his team has so far been stellar. 

Normally, the cap on seller concessions is 6% of the sale price, but that’s not the case for commercial loans.Here are the trade-offs:5-year stepped prepayment: A typical residential loan at this price point isn’t allowed in the state, but with commercial, those rules are different.20-year amortization: This means higher payments, but it forced me to ensure my deal works under strict terms.Interest rate: It came in at 7.9%, not stellar but still good.Overall, I’m pretty proud of this deal.

Check other lenders, it wouldn't surprise me if the underwriting is stellar but the rate is higher than expected.

I suggest reaching out to @Jorge Vazquez He's been in the Tampa market for over 20 years and has a stellar reputation for helping investors.

I was going to ask why you only had $20,000 saved after such a stellar year, but then I noticed you wrote, "...my team leader..."

Credit is stellar (800+) and I was considering cash out equities on the free and clear properties plus capital reserves to use as 25-35% downs on property(ies) up to 800k total (if not partnering). 

Us bank played trustee and guarantor in sham of a foreclosure where they could not prove they were a PETE  and had been hit with their 4 the ftc sanction FOR stealing homes, used hole in the wall attorneys in Bellingham using typos in name and address to not get flagged for too many foreclosure by the courts, Windermere stellar real estate who say outside of my home waiting to lock me out despite supreme court stay on their theft, judge Lewis who signed every Forged/inaccurate/misleading  paper they put through AND denied my restraining order of the real estate company staying called them to see if they were harassing me and they Said no so denied temp and all together day in court altogether plus put a no Bail hold on me after looking my arrest for trespassing even though was taken out of his jurisdiction and in federal court staying paperwork not filed correctly then laughing saying I didn't know why You're here is in supreme court when I got out of jail and made it to court hearing, the assessor for king county who was on third foreclosure company because feds kept shutting them down so opened new one in different name, every process server was at least 200 miles from me and each one different for each document never served to me but judge Lewis signed them anyways(one was supposedly served to me 3 months before case was even filed), Vancouver Police department who had no jurisdiction on the civil matter that arrested me and gave my house keys to the realtor that was sitting outside waiting, and finally to the site veteran that they used to sign in all three places to transfer title and get veterans protection for title after 2 illegal auctions, one public one private, where they were only bidders and opening bid was above value of house, paperwork stated was bought by lsf8 AGAIN!!! 

I look forward to creating a stellar team!

I anticipate rent to increase over time.Overall, it's not a bad investment but not stellar, but it was move-in ready, no renovations needed, and essentially pays for itself while it appreciates. 

They want stellar performance on: 1) listing, 2) screening, 3) leasing, 4) inspections, 5) maintenance, 6) lease enforcement, 7) communication, 8) liability mitigation, 9) tenant management, 10) market trends, 11) technology, 12) move-in / move-out process, 13) handling/disposing of tenant property, 14) resolving disputes, 15) vendor relationship and management, etc.