Most Lenders will structure it as a 5.4.3.2.1 declining prepayment penalty, however you may structure the loan without one for an additional fee. 

The contents were very basic and they are targeting to beginners - which is totally fine - and I didn't find much value to sign up for the upcoming 3 days seminar for additional costs.

We currently own 4 units in Fallon and have been looking for additional property this year.

I would try connecting with some local MTR operators / managers in Austin to get additional perspective before you move forward. 

If developing, you may want to learn about FSR, site planning, CRUs, residential vs. rentals, cap rates (valuation  and exit), etc. 

Additionally, it does not address your immediate need for an accessible living space.Return and Live in the House: Living in your property eliminates the rent you're currently paying, and you'd still benefit from rental income from the other unit.

Great that you joined the site!

We typically do not rely on many of our opportunities coming from wholesalers, but that's not to say we're not occasionally interested in something they have to offer.In addition to scouring our farm area while we drive around to and from our properties, and looking at aged(100 day+) listings and new low priced distressed condition listings on the MLS, which is where many of our deals come from, we reach out to local agents in the area we're looking to invest and let them know we pay cash.

When there are property damage issues, California landlord tenant laws allow the tenant to recover attorney's fees in addition to other damages. 

Get on site with your contractor asap and get aligned on remaining scope and timelines.