Readers should seek professional advice.

I also recommend explaining what the penalty will be if she's not out as scheduled.

A prudent investor doesn't seek quick riches through shortcuts.

Readers should seek professional advice.

And be sure you have the ability to fire them at will and settle up so if they aren't progressing how you would expect, you can move on without paying huge penalties or in some cases not having any way of being able to fire them at all (some of the builders' contracts are ridiculously in their favor). 

You're taking a great first step by joining this group and seeking guidance.

Prepayment penalties- usually 1-5 year terms.

I faced numerous hurdles and stressful moments, but I persevered and built a successful approach.To tackle this challenge, I recommend starting early by building relationships and seeking investors.

Back again with few more questions to seek experts input.I am currently looking to shortlist some locations for my first rental investment property.When you look location what factors do you consider to pick the right location with good cash flow?

I’m ok with prepayment penalties before 3 or 5 years.