Let me know if I can be of assistance!

@Dar Baruchim you should see your first few investment properties and find experts to assist you.Buying sight unseen OOS is not recommended for newbies.

I tried searching for "life insurance," "life insurance loan," etc, but even after narrowing it to podcast results, I'm not finding the episode.

To be honest, any advice on here, even from someone like me in the Chicago market, will not be specific enough for something like this.

And even if it’s an outstanding deal, is there anything the pitch deck could include or not include that would turn you away?

I don't think it happens even if you are seeing Section 8 FMR's that support that number.

If I were able to obtain another loan for $200K, even at the same interest, I can pay that down and off over a few years, and then I'm back to my low interest loan only and a ton of equity in the home I could potentially tap into as well.  

Even if he has negotiated lower rates with vendors, I would expect him to pass that savings onto the investor and not pocket the difference.  

There are privately managed motels that do "ok" but their rates are DIRT CHEAP to be able to compete and their occupancy isn't even close. 

You can search but also probably won’t go above 65-75% ltv if you can even find one