Supply Vs.

On commercial loans, it is not uncommon to see 25 year terms or balloons in 5-10 years.  

Negotiated $198,000 in seller financing through a Promissory Note, pulled a $99,000 commercial loan with a 5 year balloon, and contributed $33,000 as a down payment.

When the biggest buyer in the market is gone, supply balloons and rates have to go up to bring in buyers.

I would never do a commercial loan with shorter amortization and balloon payment. yes lower rates for now, but you have to do a refi at some point and if you do all of your loans on shorter terms, you will not be able to access as much traditional financing potentially.

The cleaner can just let you know when it's time to restock supplies. 

There won’t be a ton of supply, so you should be able to get an idea on locations and pricing fairly quickly.

It would be new furniture and updated appliances, but still need to think of capital expenses.Basic Supplies (tp/shampoo/paper towels) - $200 per monthCleaning - $250?

Most are $150+  Do you ask the property owner to supply them or pay for them as part of onboarding?

When I was investing, this is what I did to help locate the right wholesaler - I would supply them VERY specific details of what WORKS for me in the way of a property.