Good point, I guess I am wondering if you frequently see deals that meet the 1% rule? 

Those rules are set by the state.

You also have to deal with a bunch of tire-kickers who just waste your time.The rest are only worth advertising on via syndication as not really enough traffic to justify resources to manually add.Of course, this is for our Metro Detroit market, each market may vary somewhat.

My rule of thumb is a .5% savings to refi so I'd want to get you at least to 6.250 or lower.

If you don't know about the FEMA 50% Rule, please look into before you buy and try to rehab a home in a flood zone.

It is to justify hiring a transaction coordinator.

I have a lease addendum that are house rules, specific to the property.

I ran the numbers on some properties and they meet well above the 1% rule, but that sort of worries me...

In the listing, the house is a 3 bd / 2 ba so would we count the area we live in as another bedroom/ living space or would I’d using the bedroom rule for taxes, just say we rent out all the rooms, writing off 100% ?

Fees should be clearly stated in writing, easy to understand, and justifiable.