I know they have a cap at 10.We have also looked at using local banks in the area but those terms are usually 3 years arms to ten year arms and 20 year loans so it lowers cash flow significantly. 

No one is ever happy: owners, tenants, vendors.  

@Jesus Gonzalez - The best way to approach this question is to talk to a mortgage broker or local bank lender.

I'd appreciate some insight from some local investors.

I reach out just to help as I'm a local agent/investor here in the area; and my focus is primarily on investment properties with my clients.

you might also have-local registration fee or business license or similar-shared utilities that the owner is responsible for

@Scott Costellostay local. 

I'm quoted in this article 8 months prior to the settlement predicting just that.https://www.axios.com/local/washington-dc/2024/01/06/nar-ver...

In one case they used a notary at the local US consulate.

Start local.