Quote from @Jamie Banks: Here's a few things I include in my MTR lease- Utility caps- Outline of the furniture that is included- Details regarding which utilities are included- Outline who is responsible for lawn care / snow removal- List of fees (admin fee, cleaning fee, etc) Hi Jamie! 

We do charge a pet fee, and it has helped with any extra costs a pet guest has incurred. 

I hope to use private capital to fund the entry fees in second position.  

You need to factor in your POTENTIAL upside. 6.

Look into any and all factors you can think of regarding those areas so that if/when you decide to research other markets, you know what information to look for. 

When things outside of our control as investors change, (macro-economic factors, saturation, disposable income etc.) and there is no safety net, that's when investors can get really hurt.

The market is always evolving and there may be good deals to be had near term or you may need to wait a while, depending on many factors like interest rates etc.

Rental competition seems like a big one, but I’d love to hear how you weigh other factors too.Thanks again for sharing your experience—it’s really helpful!

The appealing aspect here is the ongoing population growth and other economic factors.

Quote from @Juan Ruben Cortez: I believe the funding fee is 0.5% of the remaining loan balance, plus maybe another $500 - $1,000 in lender fees.