When they say they cap rate is 6.

Your return for paying extra principal is equal to the interest rate on the loan...6.625%. 

Seems to be a really smart place to park cash at 6% Cap rate, with depreciation tax benefits and projected equity increases in the 23-30% range in the next 3 years.

You can still file suit but you still may owe the debt collections company their fee.

Which means we will start to slow down in late July, and then enter the winter slow season in October.Assuming rates remain above six percent, I’m guessing the spring market will kick back up in February.

I told him he could use a higher rated filter like a MERV 11.

We tried to get info on the lender to ask directly but they wouldn't give it to us.I would have thought this would be a relatively quick process to do a credit check, check debt to income, employer verification, etc.current loan's interest rate is very low so they definitely haven't refinanced anytime recently.Additionally, having never assumed a loan before, anything I should keep an eye out for that might cause a hiccup? 

The HELOC was the original plan, but it was going to take too long to close so we did this instead.My 403b has a value of roughly 85k and has a remaining loan balance of about 22k… about $700 per monthMy husband’s 457 has a value of roughly 180k and has a remaining loan balance of about 30k… about $850 per monthSince the HELOC is a variable rate, I’m hesitant to use a large amount from that.

I check the SEC, FINRA, ratings websites for inside information on the principals in the company.

Rent-o-meter is an ok barometer for prices but thats for average units in fair condition, with a good marketing plan, solid upgrades and some value add you should be able to get more than the average going rental rate for your units