I requested the lender to explain it and stated that they are not sure why it was quoted at the lower rate but the actual amount is the increased rate. 

I have a duplex that has long term tenants in the upper unit and the lower unit has been short term rental (Airbnb).

The depreciation is taxed at maximum 25% or lower based on your marginal tax rate. 

He should be glad and not charge  you an arm and a leg so he can focus on other things now and have his workload more balanced throughout the year.I don't know if realtyshares provided you an estimate K-1.

Allentown and the Lehigh Valley would be convenient, allowing you to see the properties you are buying, meet your team in person, and have a lower price point then Philly.

Have you considered an FHA loan, or other facility that requires a lower down payment?  

There is just a little less room for error when dealing with a smaller park as you don't have as many lot to absorb a vacancy or an increase in water usage(even if you can collect)..or some repairs to do etc.Good job on negotiating them down so far...for me i will still have to go lower and look something like this....200*18*12*.5/.1=216k purchase priceI prefer to pay lower than this based on a smaller park and limited upside potential based on your observation of market lot rents.  

I can't promote myself a FL Mortgage Broker on this site, so instead, if I were you, I'd look for something like a Stated Income ALT investor loan in the mid to upper 4% to lower 5% range on a jumbo loan at 75% ltv on a 10/10 arm, 300/240, no escrows and no PPP.And remember, use other people's money to make money!  

The sellers had high equity (they lived here for 25+ years) but low personal cash, and they needed the fast close to get the cash to purchase a home in a lower cost of living area.

Alternatively, you could buy an apartment building with a lower deposit and reach your goal even quicker.