I'm sure people would pay extra for some kind of "meal prep/private chef" type package in their living situation.You've got the right idea thought, but don't be afraid to reach...nothing wrong with dropping your price after a couple weeks if you don't get any interest.  

Prepayment penalties- usually 1-5 year terms.

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes. 

Since this is a short-term flip, the IRS usually sees it as active income, but if your role is truly hands-off, there might be a way to treat it differently.Have you thought about how you’re structuring the deal?

Question that the “believers” don’t ask is “how much could I earn on the extra money I’m spending to pay down the loan faster?  

Also get rid of the cat or you'll be charged an additional $xxx fee and an extra $xx/month.

So adding this to my prospecting plan may provide reach to do deals that I may not have had before simply circling the usual watering holes.

You can put a mortgage into a "trust: without triggering a due on sale but again contacting your bank/lender is the best route to avoid any issues.Some banks/lenders or servicing companies change guidelines and even a trust may require other paperwork but the attorney usually facilitates that to be safe.  

What are the usual lending parameters for a person getting there first property with roughly a 700-730 Credit Score and trying to secure a home 200k or under? 

Investors at this time should be extra careful