The latter will have higher interest rates whereas the former has a 2% interest at my local credit union. 

Some salesmanship  / entrepreneurship classes at your local community college may prove helpful.My $0.02 ...

I don't believe there is a common practice, its going to be dependent on local standards.

v=u79Lxf1GKjE   Here are some videos, For your referencehttps://www.dailymail.co.uk/news/article-13211931/Washington-landlord-serial-squatter.htmlhttps://www.the-sun.com/news/10829162/eviction-housing-washington-protest-squatter/https://www.foxnews.com/media/seattle-area-community-protests-con-man-squatter-leave-rental-house-exploiting-systemhttps://www.dailymail.co.uk/news/article-13211931/Washington-landlord-serial-squatter.htmlhttps://www.mirror.co.uk/news/us-news/community-protest-con-man-squatter-32386211https://komonews.com/news/local/bellevue-landlord-plans-protest-rental-home-eviction-notice-tenants-rights-nonpayment-rent-123rd-ave-se-housing-justice-project-hjp-writ-of-execution-court-state-legislaturehttps://twitter.com/choeshow/status/1769071379658551783https://x.com/choeshow/status/1769570234556641427?

I believe it is more common practice for your local bank’s commercial programs to only offer 5-year terms on 25 year ams.

Research local economies, population trends, job growth, and infrastructure developments to identify promising markets.

Always learn a lot from you regarding local market knowledge and broader RE.Question to all,I'm new to this concept. 

TN offer OTC, it's extremely benefit to locals that knows the area well.

From talking with a few local folks my take away is the numbers published is the very highest amount you could get and isnt always what you will get. 

Basically you have a master lease to the local Chapter and they fill in the rooms as needed.Some considerations:1.