Numbers are favorable for HML, 2% origination fee, 12% interest, 90% LTV/100% rehab.

Do both of yourselves a favor and give it a long lead time, that way they can come to terms with the new rent and make adjustments to their budget, and if they are moving out, you both have time to get your ducks in a row (you to try to do a fast turnaround on the rental) and them to find an appropriate new home. 

This didn't bother me much; I had a feeling their estimates favor them a little more and that's cool IF you already know a little about rehab costs, ARV, and the current market in that area.

If a bank chooses to lend on the POH value it may be at less favorable terms than the land value (10 or 15 yr term versus 25 yr for example).

States like Delaware, Nevada, and Texas are often preferred for forming LLCs because they have favorable tax laws and lower regulatory burdens.

As we currently sit, interest rates are moving in a favorable direction meaning more and more buyers will begin to enter the market for investment properties.

Hope I can return the favor to ya'll sometime soon.Cheers,Drew   

Becasue they are not professional lenders, they may be willing to give favorable terms with fewr hoops to jump through. 

know your HOA and make sure they are favorable toward STR.

Eviction laws in MA are very much in the tenant favor.