Masternodes... a few newbie qs

EmilyLovs
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Masternodes... a few newbie qs

RE: local hosting vs VPS:

Those local hosting, why did you choose it over VPS?  Did you setup a dedicated server?  Or could you host it from a laptop connected to the internet? Would you do it again, or just setup a VPS instead?

RE: Connection:

Are their any penalties if my connection goes down, and I'm local hosting?

RE: Lock times:

Are masternodes obliged to keep the DASH locked up for a minimum period to host a masternode, or can they send the DASH at anytime?