You may not collect anything, but it will sit on his credit report and prevent him from getting a car loan, home loan, or scamming another landlord.

Quote from @Steven Stanimirovic: Hi Rich,The prepayment penalties you’ve encountered are quite standard with DSCR loans, as lenders often structure these penalties (commonly called "step-down prepayment penalties") to offset the risk of early loan payoff.

Ryan, this kind of deal reminds me of a situation a friend of mine, Carla, encountered a few years back in a suburb near San Diego.

If those check the boxes, it's probably the easiest loan you will encounter. 

Might be more expensive since you would pay a broker fee, but it's worthwhile to save yourself from scams. 

That strategy is not going to work at all. 99 percent of agents don't even know or understand seller financing and will just think it's a scam (which it is most times these calls come in since the caller has no money and therefore is irrelevant to a regular homeowner).

No excuses other than court cancelling of the eviction (we have encountered that once).  

Go to google and put the name of person / entity you are interested in the search engine, and then add the words "and scam".  

So, they got taken advantage of.4) They didn't do enough research on comparable properties before doing repairs - so went either overboard or slumlord, instead of properly Maintaining to the Neighborhood.The other challenge we encounter often is investors expecting perfection.

Your first set of problems you encounter you are ready to throw in the towel and that mindset will never work here.