I have been burned in Charleston Co SC and Folly Beach SC by changes in the STR laws after purchasing so obviously I’m very nervous to have this happen again.

Burn em.

One of them caused an electrical fire and burned out an outlet.

I’m optimistic, always with a skeptical eyebrow raised, so I don’t get burned.

Multifamily is incredibly complex and if you don't understand the metrics or calculations behind it, you're going to get burned. if you're just plugging numbers in until it "goes green", you are either going to miss out on deals or buy something you shouldn't. 

The major fires that burned hundreds of homes in Redding, and over a thousand in Paradise put a huge demand on  housing.

Without predictability on insurability and risk of the primary collateral being destroyed (which at this point theoretically could happen anywhere) as it’s January, and would you believe in 2023 that 71K thousand square miles of northern Canada burned 5% of the entire Canadian forest with billions in damages? 

The overall LTV (including all 3 mortgages) will be key and your selling point will need to be that the 2nd mortgage ($8k) will burn off in 2.5 years (based on your surprise that it was even out there, I'd recommend that you follow up in 2.5 years and ensure that it's been satisified, so that it doesn't surprise you again in the future).Does the $8k grant vest over the 5 years? 

Dont get dirty, dont get burned by OSS team members, dont get burned by tenants, use less money to finance your deals.  

I am pretty sure they give free consultations to explore your financial position and current cashflow, to see how Tardus could be of help to you and if they would be a good fit for achieving your goals.I have been looking at Tardus and one of my primary questions is how they identify "fast burning" vs "Slow burning" fuel.