Unless you plan to sell one of these in the next 5 years, you'll probably get a better deal if you try to refi both of them at the same time.

He also told me he probably wants to re-negotiate the balloon payment because he doesn't want the bulk of the capital gains all in one year.

In your case, you are probably better off buying a break-even deal in Tampa then a deal with $200 cash flow OOS.

They might also have thought that it's better for us to not have guests who want a super comfortable sofas as they might not write the best reviews in the future.What they probably ignore is that anything below 4.8 is in reality "not that good" and could actually be a negative for our business, given the very competitive nature of it.

If you've never owned a property or home before, I would probably start with buying a primary residence.

Domes are probably the cheapest to get up and offer good cash flow.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

And what today - probably near 8%.

😂You probably also want to talk to a professional off-line.

Probably need to add at least heat for the ADU to be considered livable space but that isn't a huge deal, if you can make it work great.