Your Contractors Liability and Workers Comp are likely to be rated based on payroll. 

(interest rate ranges and months)What is the typical down payment?

Keep a keen eye on economic indicators, employment rates, and local development plans to gauge the overall health of the market.Maintenance Costs Can Sneak Up On You: It is easy to factor in property taxes, insurance, and regular maintenance, but unexpected repair costs can throw a wrench into your financial plans.

With this being such a high-dollar investment property, we locked in a 30-year fixed rate with a PITI of $2,600.

I also wanted to get in before rates went too far up.

I like the idea of a lender looking at the deal and not pulling my credit (again), but I'm wondering how paying such a lender back would work, considering a (likely) higher interest rate and short amortization period.

Of course with today's interest rates that may make your deal less appealing.

IMHO you made a huge mistake in offering to drop the rate....let her leave and find a new tenant that will pay what the market rate is currently.

I’d be getting a better interest rate than market and the purchase price difference is negligible so I would actually cash flow more in the bond for deed scenario.

Home prices remaining elevated despite rapid interest rate spikes is a very good indicator for how out of balance the market currently is.