Curious about the variations based on project type and location. 

Quote from @Erik Breunig: I don't think he's lying, and I recognize that Geraci is a law firm that prepares these documents, but it was also plausible to me that many DSCR lenders might use forms that were prepared by or variations of documents with similar provisions.There were a number of items that I identified as being problematic.

It's a variation of the lease option playbook, where you rent for a year and then give them the option to buy. 2/3s don't buy, so you get to keep the option fee, which you could say is predatory.

Then magically you'll get "declined" and never hear from them again.Another variation of this is washing hot checks.

Rate variations should be a minimal point.  

Slight variations work elsewhere.If you are new and looking at buying a property or a house, or other real estate, I’d compare cash to financing, to offering creative financing to the owner.

Slight variations work elsewhere.

Slight variations work elsewhere.Are you new?

Slight variations work elsewhere.https://www.biggerpockets.com/forums/311/topics/1265821-using-creative-financing-to-buy-off-market-with-subject-to-and-wraps 

Slight variations work elsewhere.