Many new and experienced real estate investors will FALL into the pre-payment penalty TRAP and it might really bite them in the A$$ or cost them on future deals. 

Good luck covering litigation costs to whoever falls for this. 

Don't fall in love with a spread sheet use common sense.

/@Kenneth Biason - I came upon this thread as I'm in review on a property in Garfield that falls within this zone.

Guy will be a good sounding board for this type of stuff in case there are times the forums fall short, I'm sure he'll be happy to let you buy him coffee or a beer and chat RE 

VA loans can be used to purchase up to a 4 unit multifamily. 1-4 units still fall under lending guidelines as "residential loans" versus "commercial loans." 

I was talking to a government employee in a little county we own property.. this county has NO zoning None.. they have land division rules that regulate growth but not what you can put on them.it falls on this person to decide and he is the building inspector for the county.. 

Most HNW partners will want to know your deal falls within the Fannie Mae or Freddie Mac small loan standards. 

My sister lives in Post Falls.

Yes, the environment today is far different than 1993-1994.As to banking regulations, they were a finance company doing commercial loans, including mortgages, so I don't know what banking regulations it falls under, if any.