The last year I renovated a single family home to rent, pulled out some equity, couldn’t have gone better.

This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr. 

@Jon D. some questions, the answers may help you better focus.1) Why did you pay your primary mortgage off in the first place?

Better to get it done right and treat your rental properties as a business. 

I’m gonna have to stretch if I want to buy in Los Angeles again, but I still think it’s a better idea than not.

While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.

Just trying to find out more and better ways of doing everything and moving my Real estate game up. 

It isn't easy to make things pencil, and I don't see it getting much better over the next 12 months.I have changed my rental strategy to Co-Living (rent by the room).

There’s never been a better time to step into the booming mid-term rental market.

Even better?