If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino

Banks are less willing to budge on pre payment penalties knowing rates will likely ease and don’t want to lose loans recently originated to better terms.

It could be an issue where he was young and made a mistake while under the pressure of puberty, which may be a different story.

IF it’s that good and successful you would not need a former car salesman pressuring you to buy the course   

Here is a little more info related to my question:My (note: "my" means my wife and me) daughter likes her job and finds it rewarding and fulfilling, and I am putting no pressure on her at all to change careers--my job has nothing to do with RE.

Quote from @Ian Stuart: In my opinion, multifamily NOI growth will slow over time as inflation pressures in the U.S. continue to weigh on tenants' disposable incomes (which detracts from their ability to pay higher rents).

I don't want the pressure of a ticking clock every day with high interest.  

Leasing at $3k/month covers your current mortgage comfortably, so refinancing could relieve the pressure of the balloon payment.

Then $100 increase over the next few years to ease them up.

The only way management is burden is eased is in scenario of all-TOH parks.