@Josh MacThese usually float with the prime rate so factor that in too, it's 8.5% currently but many offer IO for repayment which can be attractive for some.   

We have many local investors that really work hard to take care of their properties and there are also some OOS investors who take this approach, but as they say: a few rotten apples spoil the bushel.   

There are a few bad apples that sneak in, but the vast majority of members are interested in growing together!

It is pure logic and common sense honestly, I promise you.So..I do not do any online ads or marketing for my real estate investing company.Tell me gurlfriend.. what do you do when you want to bake an apple pie?

Unfortunately my municipal apples may be oranges to yours, I’ve navigated major urban municipal departments which simply might not match up to your local bureaucracy, but here’s my 2 penny opinion.- I stand by a pretty universal Bldg dept practice- a permit never gets released if zoning forbids it.

Level of effort and stress - you have to compare apples to apples in terms of the personal bandwidth each investment is going to take up.

There are times that I/O can be beneficial to all parties but with mt particular case, the units are turnkey, renting at market value so there is no need for me not to attack principle.If you're a seller, I/O is the way to go but as a buyer, I never want to get into any I/O for more than 1 year, tops.What are your thoughts?

They are near impossible to compare apples-to-apples.Beyond the fees, my borrower profile is going to be different than yours.

Because while each serves food for profit, each is wildly different business from the next, they are not comparing apples too apples.     

I was able to get it at 7.5% I/O with 20% down and now prepay.