Some of that has been changes approved by myself but a lot of it is stuff he didn’t estimate properly when we signed our contract.

If the bank did catch this change it would be more likely that they would require a QCD back in the borrowers name. 

Not at all, but not for the info I gained during the training, but for the change in mindset it gave me. 

What changes have to occur before the park realizes these numbers?

I am able to consistently pay down the HELOC using my personal paychecks and some early rental income, and I am making progress, though there is a good balance currently.I'm thinking about changing these all to fixed 30 year mortgages.

@Ari Bildner about the only change I'd suggest is to up your Vacancy to 8% since that'll give you about a month's rent saved up each year (1/12 = 8.33%)

@Jake ValkuskyCertainly I think it changes the 'value' of the property, however whether the seller is amenable to a concession here is a whole other story. 

Fast forward to now, I’ve quit my 50k+ 9-5 job but I still have my other job making about half that.

One of my favorite real estate strategies for this year is Short Term Rentals.  The money is great and you get to provide amazing experiences to people.However, local governments are starting to get their hands into i...

And is it normal practice for Lender to change their language like that?