No prep work on the subfloor, it adjusts well to changing temps and also is extremely easy to clean. 

They are on a 20 year term, and adjustable rate. 

In other words, I have to go for less management/maintenance intensive properties (this isn't my career -- yet!).

This option price will be adjusted and otherwise reduced over time, as set forth herein.Of the $2245 in rent payable each month during the 36 month lease, $1000 of the $2245 amount will be applied as further consideration to reduce the option and purchase price if and only if the Lessee exercises this option to purchase.Thanks for all the help - Ben

In that way it will either workout or you will get an intensive education on how things work.No legal advice given. 

Also most of these loans have had a "prime plus X% adjustable rate".

I just ran into a bad one and it has caused me to adjust my risk-meter when handing over EM checks.

I had to do some adjusting but ended up figuring it out (at least closer to your number)... 

Add intense follow up and you get some pretty awesome gems.

With bio-intensive gardening techniques one can plant a lot of food on 1/4 to 1 sunny acre of land with far more yield than commercial growers can do.