SFRValue$165,000.00LTV75.00%Loan Amount$123,750.00Rent1650Taxes1882Insurance750Dues0Rate5.125%Balance123750Loan Payment$673.80Total PITIA$893.14Residual Income$756.86DSCR1.84730-year fixed, 5 year prepayment penalty (1% of prepaid balance)75% LTV at 5.125%DUPLEXValue$175,000.00LTV75.00%Loan Amount$131,250.00Rent1725Taxes2232Insurance744Dues0Rate5.125%Balance131250Loan Payment$714.64Total PITIA$962.64Residual Income$762.36DSCR1.79230-year fixed, 5 year prepayment penalty (1% of prepaid balance)75% LTV at 5.125% (the same for both scenarios)

That way you are saving for "traditional retirement" with the option to deploy the cash (not all of it, there are are max caps) at very low penalty if the opportunity arises.

Specifically, the IRS would be permitted to require payees of any reportable payments to furnish their TINs to payors under penalty of perjury."" 

The note needs to include: interest rate, terms (years), prepayment penalty or balloon, amount, legal address and mailing address of subject, name of person, late penalty, due on what, two years?

Bad idea, IMO.I've been taking money out of my 401K paying the penalty to get access to my money, then investing in real estate, which is a tax-efficient vehicle.

Interest and penalties add up fast.  

In the State of Florida What is the penalty by law if a landlord co mingle his tenant deposit money with his personal account.What can the tenant sue for legally and has anyone seen cases as such based on that fact alone.

I agree with your points and should have added some additional detail in that although the loan would be amortized over 30 years, we would include a balloon payment (to give me the option to refi) and a pre-payment penalty (to give the seller assurance he'd continue to accrue interest for a guaranteed period of time).  

To qualify for protection, tenants must:expect to earn no more than $99,000 (individuals) or $198,000 (filing joint tax return) in 2020not have been required to report any income to the IRS in 2019, orhave received an Economic Impact Payment (stimulus check) pursuant to Section 2201 of the CARES Act.Tenants must complete a declaration under penalty of perjury that they meet the criteria listed in the Order.

Not very clear.Word of advice - If MLS finds a broker giving out his access code = Death penalty.