I would be very cautious of a house that sits vacant being a target for burglary even in nicer parts of town, not sure the draw for str in that area.

If you have a low credit score with a high loan to value on a little loan with a DSCR number that's right at 1.0 or even below, I can see 8.625%.When you say "The lender has also a put a 5 year prepayment premium on the loan", you make it seem like you didn't know they were doing that. 

I am not sure it is even a thing when setting up the Encode.

And even after the five years, you can't Withdraw any of the interest or profit without another penalty.

Fortunately, all three inspectors (from different departments) were very supportive and one inspector even stated they will not return, even if another complaint is filed.I want to offer a cash-for-keys option, but since the tenant's attorney is from a nonprofit, I feel she will fight for her tenant to stay.

They cannot use it as a business, even if zoning allows.

@Natalie CampbellTalk to your attorney but I don’t think the veil ever even existed

Before you even start spend a few hours and a lot of discussion to sort out every possible contingency.  

From gator lending of course :) even we have an app for that

none of them. get closer to a capital market and major city within 30 miles. all of these are too far. look at homestead or north of palm beach county, closer to tampa, etc not an hour away these are over delivered and new builds from tract builders are selling for less than 200 per sq ft right now in some of these markets rents have softened. there's no jobs or macro city that's driving these areas. these are softer markets for BTR than other ones. get more involved and directly contract with builders. miami dade county, even Orlando has better