This deal came through Nathan Ward’s local connections and market insight.

Here’s how I’d approach it:For the 9.5% Loan: Refinancing into a DSCR loan makes sense to lock in a lower fixed rate, especially if your goal is stability and better cash flow.For the 7.25% Loan: If the local bank's investment HELOC offers a competitive rate, consider it for flexibility.

Does anyone have any experience partnering with different RE teams local to the lead? 

For the longest time, I almost always bought locally. 

@Hassan KareemI highly recommend attending local networking events to connect with experienced investors and vendors.

They hold title, and the mortgage and promissory note were attorney drafted and filed at our local county. 

I'm a local realtor and would love to connect and chat about the local market.

Research local economic trends, rental demand, and any recent or upcoming developments in the area.

Thanks for the replying @Shiloh Lundahl, here’s what I’m looking for: good areas to invest, good resources to find properties, general information about the buying process, any realtors and other locals that can help, and expected returns in the area for STR.

There are no laws restricting mark-to-market rents.