Rate will depend mainly on the structure I just went over, your FICO and the length of the prepayment penalty.

I'm looking to break into my local market of Central Maine.

With regards to MTR arbitrage, a quick definition may help less experienced investors follow this topic better.In this context, arbitrage refers to entering into a long-term lease with a property owner, and then furnishing the space (also probably setting up the utilities and Wi-Fi), with the purpose of renting it out at a higher rent for a profit.The value to the property owner is that if they enter into a lease with an honorable and responsible person, the rent will be paid every month on time and without fail (regardless of whether or not the MTR provider leased the space).

Again, not my main goal but it also doesn't seem wise to be short $600/mo. 3.

Here's the main dashboard that gives a list of all the properties and all the KPI's I was interested in tracking including rent paid in full, occupancy %, # of delinquencies, # of upcoming lease expirations, # of upcoming lease bumps, and if there are any expense questions from the P&L: You can click on any of the properties, and it will take you to the properties Income report.

Once they realize the mistake they made they’re too embarrassed to acknowledge this openly so you mainly hear about the cheerful student  “success” stories which the next wave of naive victims rely on. 

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

The property is off a "main road" that goes through town and it is not a city owned street. 

Or, I’d have to get an extension of the closing date, which kinda defeats the purpose/competitive edge of a cash offer.

Very helpful, think this is a great outline of the main steps one needs to take for MTR or even STR conversion!