Interest only loans are horrible UNLESS you are absolutely confident you have a big value add upside in the future.Often I see investors massage debt with properties to make numbers work when instead they should not buy the property at all or negotiate a way different pricing when purchasing and underwriting.Interest only loans, short term fixed debt then goes to market are time bombs with tenants with long term fixed leases.Now if I am doing value add with big upside then of course interest only can work in a lot of cases because I do not care much about cash flow going in but the equity multiple later on.

In my opinion, other than some extremely gentle persuasion tactics, I'd respect her decisions and leave her alone.

When offering a lease signing to the approved applicant, I gently but firmly let them know that I will continue to market and show the unit until we have a signed lease, that way I don't lose other potential renters and it puts a little pressure on them to sign if they're serious. 

Maybe a co-working space or professional like a builder/remodeler, real estate brokerage, mortgage broker, therapist, chiropractor, massage therapy, dentist, doctor etc.

But meanwhile if you don't want to go gently into that good night - here's some other options.1.

They get used when people first move in, but after that they just get used to massage sore muscles with the jets.  

I feel like I am running these numbers very conservatively but wanted to see what people think about the numbers below 215k purchase price15% down 1436 piti2400 rent (>1%)5 vacancy 10 pm5000 year reserves2800 year maintI’m very close to positive cash flow on this but I wanted to see if this is just a deal that needs some massaging or if there is a flaw in the way it’s calculated.

Your right though, I am sold on this as my future, I'll have to gently sell her on it.

SO, would you mind please informing me of what I need to know (right after the part about starting with an experienced commercial realtor) What a realtors part would usually entail, what buyers should be doing.Don't be gentle.

It actually has another whole side to the house which used to be a beauty/massage parlor which we plan to renovate into a 2br/2b as well but that will take a bit more time.