If its because the home is old, that is more on you in that instance.

Hey Su -It's not true that prepayment penalties aren't allowed in Ohio in ALL instances - this varies based on lender and/or loan amount.

For instance here is a snippet I saw on crexi:Non-ContingentEarnest Money Deposit: Greater of $20,000 or 10% of the Purchase PriceMarketing Fee: 5% of the Winning Bid Amount, $20,000 minimum$10,000 Participation Deposit

For instance, in some cases, Preferred Equity may be the only viable option to avoid default under a first-lien mortgage.

For instance, I quote $210 in Indiana.

In your instance the smoke and mirrors seem to be hiding fatal flaws in the deal.

Typical tired landlord.I sold interest-only at a bit under conventional rates (my last one in April for instance was 6% in a 7% world) with low down for tax reasons.  

It becomes a calculus exercise. the extra thousand raises seller costs, but should cover the extra costs at the margin in most instances. 

The BiggerPockets community, for instance, offers a wealth of valuable information, possibly even more than classes like Grant Cardone's.All the best,Tommy Nguyen

For instance, when new industrial parks or company offices open up, it means more people looking for places to live, potentially increasing your rental income.