Hopefully it states some financial penalty (1-2 months rent plus security deposit).

The hobby loss rules under IRC Sec 183 could potentially disallow all deductions (you would still have to report any gross income) if you don't run the activity like a business and/or take any measures a reasonable business owner would take to try to improve profitability.If you fill out a W-4 and claim more allowances than you should based on the worksheets, don't be surprised if you get hit with hundreds or even thousands of dollars of under-withholding penalties next spring.

unfavorable terms, hidden charges, prepayment penalty clauses, or bad experiences please reply to this post.  

Are there penalties or fees to look for if we want to pay the money back early?

No monthly or annual fees, as well as no early payment penalties etc.

This is aside from the possible penalty that could be assigned for making such a loan without a license.

No, unless you have a pre payment penalty with your lender. 

To recover your $ you must wait a minimum of 90 days and you will subtract new hidden penalty in addition to other disappearances of your funds.Fundrise is, plain and simple, a legal fraud.

That could expose your IRA to income tax and/or penalties. 

I have $200K, but can withdraw about 45K without penalty (what I'm told by my advisor).