Guru wants to charge me $5k for acquiring the property (bidding)Guru wants to charge me $10k for managing the rehab and using he software to find the golden nugget properties)Plus the auction site charges a 10% buyers premium which I would also paySo overall guru wants $15k each ($30K for both buy/holds) to buy and manage the rehab remotely.

Nice properties command a premium price in this market. 

You do have to pay a little buyers premium and closing cost are fairly high. 

I think he doesn't like the guys that do the work for me, because he demanded, that i tell him that whoever that comes to his house needs to be license and bonded because he pays premium rent.

Below is what you need to know that underwriting and programs guidelines don't tell you when considering a 223(f) apartment loan.AdvantagesHighest LTV in the marketEliminate refinance and interest rate risk with fixed rate terms up to 35 yearsLow fixed rates based on GNMA securitiesNon-recourse and assumable - makes for a great exit strategy especially in a rising rate environmentNo defined financial capacity requirementsNo geographic restrictionsNo minimum population requirementsSupplemental financing availableDisadvantagesLonger processing times - 120 days at a minimum (6-9 months is typical)Higher fees - HUD and FHA fees add to the overall cost of the loanMortgage Insurance Premiums (MIP) - Initial and annual premiumsAnnual audited operating statements requiredReplacement reserve escrows requiredHUD property inspections requiredOwner distribution restrictions and Cash out restrictions 2x a yearProperty condition is important to HUD, both during initial underwriting and over the life of the loan.

Since I can acquire off market deals with 15-17% cap rates I have no problem paying a premium for high interest rate with a smaller down payment.

They want a two year lease, no last month's rent, and a discount off the premium price I probably could achieve with more time on market. 

This means we only use premium quality cameras that give crisp images with FREE 24/7 mobile phone access.

One of the houses even burned down and had an insurance agent who had not paid the premium. 

This means we only use premium quality cameras that give crisp images with FREE 24/7 mobile phone access.