Every time a property sells on the MLS, the seller receives less than the market value, not just from the soft costs of selling like title search and settlement fees, but the Realtor takes a cut who listed and sold the property.

They are "soft pulls" and allegedly will not affect credit scores.

You may also deal with onerous third party requirements as the PCNA, appraiser, etc would have to look at each site versus all at once.FNMA and Freddie would have lighter soft costs but I believe they also have the 5 unit requirement.

Hi Darshil, I ran the deal as if I was doing the project and my all in number including closing costs on the back end was closer to 680 accounting for soft costs. 

The house is only 960 soft.  

You'd have closing costs for the loan, soft costs during rehab, and then  seasoning (6-12, 12mo most common) before you can cash out refi.

Also my soft costs rarely hit $20k. 

"Sometimes paying" seems like you've been too soft the entire lease. 

You just have to fill in a non-binding LOI (letter of interest) and submit it along with soft proof that you have sufficcient funds to ccover the order.  

Check out the floors around the outside walls and windows for soft spots which are usually common for mobile homes.