I'm actually located in Illinois. 

I was actually considering doing a shorter mortgage term to gain equity on the property faster.

Do you mean just for "cold texting" or even when interacting with clients or responding to real, actual leads?

Thanks as always.RL What you were experiencing is actually more common than people want to admit.

Quote from @Brandon Croucier: That’s a killer loan if they are actually offering that.Seems extremely below market value as even primary mortgages are higher than this right now.I would beware of a bait & switch on this. 

The 90% they are paying you back is probably 1/3 of what they're actually making by you committing to a deal.

Even if they are not elderly or disabled, the court can grant them some time to move (or actually you can grant it as part of the court agreement)Everyone is having a hard time trying to find something affordable.Bottom line, give the proper WRITTEN notice asap to get the ball rolling.

With regards to actual demand vs ‘implied demand’, the demand for our fourplexes is actually very high.

Someone mentioned wanting to be within driving distance of a property, but I actually prefer not to be close.

$25k is only 4.16% of your new purchase price, heck of a deal.Thank you for your service and let me know if you want to talk any more details and run actual numbers based on your situation.