The property is equipped with modern amenities including forced air heating and central air conditioning, ensuring year-round comfort for tenants.

If rates go up the housing market struggles even more / and with election season the current administration isn't going to want the heat of higher rates looming over them at the polls.

The tenants pay their own heat and electric. 

In my experience, they dont like to be nickel and dimed for a lot of other things. extra to heat the pool, extra for a grill.

Possibly they broke it, or there was a fault in the glass and the heat/cool cycle shattered it. 

As competition heated up more buyers were willing to buy the odball stuff and large liens.

And we're getting into a somewhat heated discussion over what really comes down to the legal meaning of PORTION, which she's apparently unaware of.  

Commercial space rent in the area for similar properties is $3000-$4000/mo but property taxes annually are $25k+, insurance $6k+ and other expenses such as trash, water, heat & electric, etc. 

The 2 elements of why this strategy is better is that if we compare both loans at a 75% LTV the rate on this method would be lower. 

A common serious issue would be no heat in winter time.