It may trigger if you are paying down the balance aggressively during the prepayment penalty period. 

Personally we expect a 400% or a 100% COC return over a 2 to 5 year period.  

Local CPI for this period is 3.6% so max increase in 8.6%. 

Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.

On top of that, many policies have become more strict (especially in the last few years) with replacement cost language because replacement cost estimates did not keep up with inflation for a period of time AND/OR replacement costs on many older properties had skyrocketed so it made more sense to calculate replacement values with functionally equivalent rather than exact materials.

I am also listening to the Bigger Pockets podcasts daily during every free period I have throughout my day while trying to learn as much as possible.

We have extended our search to the surrounding counties outside of Pinellas at this point but would appreciate the opportunity to run numbers by you for a second look.

Given how chaotic that period was, their response was reassuring.Truly Hands-Off Experience:Their white-glove service does deliver on the “hands off” promise.

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.

If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal.