Why would you choose Maine?

If you choose to go down the lease option route be sure to hire an attorney that understand the very specific requirements need to be followed.Several years ago, Texas revised its lease option laws in response to widespread misuse by landlords who collected substantial option fees from tenants unlikely to afford the purchase, only to evict them shortly thereafter.

Those who have excellent credit can pick and choose more and they will not bother with you and your $50 fee. 

There are so many groups to choose from!

If you can let your appreciation tree grow a bit your returns will be better should you choose to sell down the road.If you can rework the numbers (raise rent a little each year) and get to net positive, the appreciation will come. 

I am just beginning my journey in STR and reason I was choosing those location was my accessibility. 

When someone like this gets a notice on their door, disappears, and then you renovate and rent the unit afterwards, the whole process really encourages the others to choose the right as you give them to see the right.

With the numbers, all options are good options, just looking for feedback on why you might choose one over the other. 

If you're taking a DSCR loan you could choose an option with a lower prepayment period if you want the flexibility to refi sooner and don't mind a slightly higher rate in the meantime.

The bank I choose was Bank of Charles Town.