Most of the time, they make you decide the pre-payment penalty based on a range of interest rates they offer.

I am focusing on trying to find off market deals and working with creative finance since expansion is slow moving based on my salary, and I'm too impatient to wait for the duplexes to earn another down payment.Is there a financing option that I am missing to get a loan for a down payment?

She won't have an income from her job and with a normal loan banks won't lend based on Worker's Compensation income.

Many STR bull markets are now equilibrating however the run up in home prices with valuations based on old STR projections/interest rates yet to wash out.

But I'm a "base hit" guy, not a slugger.Best of luck to you, 

These are the few numbers I have (purely based on first conversation) Her operating costs are about $900-$1000/month. about $450 for the county to come inspect once a month, costs of upkeep, meter reading, invoicing etc. 

Here are a few ideas:- HELOC: depending on how much equity you have in your property, you may be able to apply for and borrow against that equity- DSCR: BP now has a find a lender link and I'm happy to recommend mine as well if you'd like; there are lenders who do loans based on the future rental value of the property- Borrow from your 401k: typically you're able to borrow up to $50k and if you have multiple 401ks, borrow from multiplesHopefully this gives you some ideas of other options to bring in some cash for your investment!

They were supposed to bill based on hours (different rates for framers, drywallers, supervisors, etc.), and send me invoices every week.However, they never sent me the invoices each week, and when I asked about the overall cost of the project toward the end of may (the project started in May), they told me $35,000 so far.

With low prices, high demand for rental properties, strong potential for appreciation, tax incentives, and renovation opportunities, investors should consider Detroit to diversify their real estate portfolio.

Once you determine what lender you want to work with, find your realtor and refine your buy box based on what will be eligible for your lender.