but there are pre-payment penalties in the first few years that incentivize you not to:https://www.biggerpockets.com/forums/49/topics/1179403-dscr-...here's the thing, though - you generally wouldn't buy with a DSCR loan, rehab, and then refinance again; usually you'd refinance into a DSCR loan, and be done.  

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

Do your private lenders/hard money not have prepaying penalty if you refinance within the same year? 

Example in Austin Texas you move a tree branch and can get a violation monetary penalty and they want big set backs from road for sidewalks etc.

DSCR is a way to get the deal done, but it will have a higher interest payment, a higher origination cost, and usually a prepayment penalty.

Hi Scott,I’m not in Florida, however I would not do it if there was a chance of jail time/legal penalties.

Give him a hard deadline to be out, but let him leave early without penalty if he finds another rental quickly.

From there there's typically a sliding scale pre-payment penalty.

Their fees should get assessed back to the unit.If the CCR/Bylaws permit you to fine the unit owners I would send a letter stating, the board has voted to assess a $25 penalty per day beginning April 23, 2023 and continuing every day until proof of insurance is received.

. - Rules If Pets are Permitted (and penalties if a pet is evident or causes damages)- Use of premise & overcrowding (max. guest occupancy, consequences of overcrowding/parties being thrown). - Personal Property (Check with state for process of abandoned property or property left behind - certain items/values have different procedures)- Any quiet hours that the town may have in place. - LIABILITY CLAUSE!!!!