The capital loss would be calculated as the difference between your original investment amount and the amount you received back (in this case, 10% of your principal).

While I did spend about $15K on renovations, that amount doesn't need to be factored in for this discussion.

If you can only attract voucher recipients either the rent amount you are requesting or the condition is sub par.

From the brief amount of research I have done I think the first action I would take would be in the direction of Househacking. 

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

Buy the same amount(in regards to downpayment allocations) in debt notes.

One is the fund type and the other is project type.I’m in favor of the project type as it allows for money to be put to work immediately and it’s a set amount.

2) Would you guys know how much will the amount be approximately?

Pyment is $1,054, but $625 is interest.If you sold current house and bought new one with same mortgage amount, but current interest rate of 7%, the payment would be $1,663, interest amount $1,458.So, the interest cost difference would be $833 month!

But as you get closer to this no penalty date the "penalty" amount goes down each month.