We went with the higher 4.5% rate BECAUSE we were able to negotiate (1) no personal guarantee and (2) one time allowable deed transfer without enforcing acceleration clause.  

Hopefully, someone will jump in with more information for you.When it comes to financing, I always start with Andrew Postell with Guaranteed Rate.

I recently found these websites when looking through tax assessor's web page.

(Both toilet supply line failures if that’s worth anything.)I went with their remediation company (Service-pro) and their contractors for a few reasons. 1)They started everything the day of the leak/flooding. 2) They guaranteed everything, out of pocket costs, timeline, quality of work, a year to find any defects, etc etc  3) it was quick, painless, worry free.

The possibilities are there but never guaranteed. 

.- lower turnover- easier on the units when they do move- quiet and less disturbance than traditional, younger- for fixed income, consider partnering with the local housing authority for SEct 8 vouchers, then raise rents accordingly - guaranteed money & the Sr. only pays a portion (if they qualify)Traditional renters- Higher turnover- Higher turn costs- More volatile - higher bad debt- More drug related activities- Adding in children that are hard on units- Higher eviction rates and legal costsConsider all angles before making a decision with the changes. 

Our counterparty has an attorney, who I believe would draft up the promissory note and personal guarantee documentation.

Yes, you should be able to refi on a rate drop in the near future, but that's not guaranteed.

Sponsors made millions or tens of millions in acquisition fees, loaded them up, and were happy, in some cases, to layer in 1031 exchange facilitation into these types of deals using DSTs as the cherry on top for even more guaranteed, often upfront, income. 

1) Significant Rate Decrease2) Minimal Rate Decrease3) Keep Rates Steady I do not think it changes anything - they already are pretty much guaranteed to cut rates.