Sometimes a 6 or 7 pref isn't sexy but if it's a strong investment with limited variables to the cash flow stream then might be better than a pie in the sky investment where the odds of not turning out well are higher than doing good.

You've gotta work with someone who understand the investor route, a broker, who knows who can actually get the loan done is your best bet!

Their best bet is likely to sell on the open market...so why should they make less money (potentially) so you can make more?

Your best bet is to contact the commercial banker at the bank who holds the first position mortgage on the property.

Odds are you will lose your EMD if you back out, which may be a better option than sticking with this deal (depending on the amount and how it impacts you financially.)

I'll bet there was no locksmith or the tenant locked themselves out of the house.Unless there was a defective lock, I wouldn't pay and even then, why didn't the tenant call you?

We made a bet: be okay with no (or negative) margins on cleaning and let high quality reviews pay dividends years later.It’s paying off. 

I do find it odd that you are restricted on a primary residence.

It may be, may, but odd's are time will come that selling to redeploy will be called for to retain the classification ranking at time of entry. 

If its' long term appreciation (which I'm personally not a fan of betting on) you can look at it as, if you put a small 3.5% down payment using FHA or Fannie Mae, and your property appreciates on average at 3% a year.