I wouldn't worry as much about the age as I would what it would cost, how much it would rent for, how well it is built and when major repairs will be needed (ie how long will the roof last).Also for the two-are they both condos (ie strata/condo fees) or is one freehold and the other a condo (ie one has condo fees and the other doesn't)? 

I have purchased props where the owner was fed up with all the repairs, ( another words he was a slumlord) well here is a novel idea, RENOVATE IT LOL.

Looking for the general differences, but one specific question as well, would the 5% work for a 5 unit or also only for 1-4 unit?

Taking it a step further, do they not do your book keeping as well so they can just do this for you? 

Kind of out in the middle of nowhere, but my son just started college at Tarelton and we live in CA, so its on my radar now...university has plans for big growth in the next 5-10 years. 

PLEASE NOTE: I want to sell by mid-October and with current market volatility, considering renting for a year if necessary and listening as Rent/Sell.Upsides to RentingLuxury condo that presents well, in a growing neighborhood that should appreciate well.3.375% 30 year fixedWilling to hold long termDownsides to RentingNon homestead taxes will be 14K Annually!

In our application, I ask for the employers name and number as well as the prospective tenant's boss's contact information.

Educating your borrowers about loan terms and financial planning can go a long way in building trust and satisfaction.

The homes prices are way above reality as well as the taxes and most HOA's.

I am looking to gain as much information about the space and the steps needed in order to implement a plan into place!