Pre Payment Penalties of 2-3-5 years are common but can be bought out of in upfront points or increased interest rate.

Guest Communication- Quick Responses: We aim to reply to guest inquiries within 24 hours, often much faster, to increase bookings.- Pre-Arrival Messages: We send personalized messages to guests with important information for a smooth check-in.- Responding to Reviews: We take the time to reply to guest reviews, addressing any concerns and thanking them for positive feedback.4.

Presumably they have had rent increases, so how have those been handled.

Therefore, amounts separated for by a cost segregation study would not technically increase the "non-real-estate-property" for the purposes of the 15% test.

Some things came up in the inspection that increased my potential rehab costs to 20k on the high side, likely 18k.   

The commission paid greatly outweighs having to go back on the market and potentially getting less than you listed it for the first time.Some individual markets are better for this than others, but if you have an agent with a great strategy on the list side (professional photos, staging advice, etc) and you pair that with listing the property at a low price; you increase your chances dramatically of getting a bidding war and not only offsetting the commission but potentially making more than originally planned. 

Change orders and unknowns always just increase the prices.

Refitting all may increase costs and potentially raise your 3-plex rate, which is currently quite low.

Also using dynamic software pricing can help increase revenue. 

While rent rates do increase, so do the potential headaches of managing multiple tenants.For example, here in Bryan and College Station, TX, you can get an extra 10% by renting out rooms individually.