Hope this helps.

Curbio may be able to help out.

All that to say, PMLs are usually more concerned with the value of the property and will lend at a lower LTV regardless of ATR (ability to repay) because they know they can take the house for 65 or 70% of the value if you default in a worst case scenario.Hope this helps!

That’s helpful to know about the desk appraisals and the commercial notes you used. 

My loan officer agreed that providing a lease agreement before closing will help, but I also need to provide a solid reason for why we are downsizing to this extent.What reasons can I give for making such a significant downsize?

I'd be happy to answer any questions & help others grow their business! 

But it might not hurt to check with an attorney or someone familiar with STR real estate to help you out.   

Investor Consequences: Longer Tenure, Lower Vacancy Rates: Reduced tenant turnover can help minimize vacancy rates, saving costs related to marketing, leasing, and repairs.

Yes, you can terminate a lease based on their violations. 

I have been using a free one called vtiger.it has been going very well for me and my business.I do about 2-4 deals a month and it helps me track all of my projects and investments into those projects and to do lists etc.