It makes me nervous that one payment missing $150 is so impactful on your business model.

The shorter the prepayment term has an impact on increasing the rate.4.

My intention is not to boast but to inspire and share the significant impact that BiggerPockets, especially Joshua Dorkin and Brandon Turner, have had on my life.I first encountered BiggerPockets at 23 while enduring long 14+ hour days as a pipe fitter on hydroelectric dams in northern Manitoba, working 21 days on and 5 days off shift schedules.Although I was earning well for my age and educational background (I barely graduated high school), the job was unfulfilling and almost toxic, mainly because of the dynamics with the associates in the industry.

Are you able to hear someone's sob story and not have it impact your decision making for your business? 

Single family prices have also benefits from a 40 year trend of declining interest rates as will they now be impacted by rising interest rates.

we want to entitle not build 4/5 communities to make maximum impact in columbus because the gap is so large for entitlement 

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

Also, based on the new regulations (1 of the 2 units must be owner-occupied), how do you think this will impact the home's value?

Another thing to consider is if the property and loan are in the LLC, not sure if it is currently against your credit and if you had to guarantee the loan but if you move it to your name now you have to include it in your DTI, so that could impact your borrowing ability

So they are trying to decide whether to pay the balance if say it's not paid by 5/30 so the bank doesn't take the house, and it doesn't impact the mothers credit.Unfortunately, that's all I know which is why I wanted to find an attorney to give him better guidance.