I See many good opportunities in those towns but relatively far from MBTA or require to take a bus to get to MBTA.

And supposedly, you can't even pull criminal history until the tenant is otherwise approved, which is intended to prevent "finding" a reason to deny otherwise.

Just fyi.if you still have your finance contingency you can back out and get your money back if the lender denys you.. if you run out of time you could lose it.you should be talking to your real estate agent about this.. that is the one who will help U

It does not say that you can't deny someone for certain types of criminal history.

I just had a lovely family from Australia with 4 kids discovering California for the first time who were denied from their booking due to "water damage" , they were told.

Having $3MM of dry powder during a potential downturn is EXACTLY where I'd want to be, not invested in a property that is simply treading water, especially in a more expensive market.I am of course assuming a downturn, but there is no denying that even very active money (i.e. more time available to spend on adding value) is having a difficult time finding quality deals today. 

Loan Points: $4,687,500.00If the landlord pays all utilities the tenants will abuse it.

To continue "being nice" while the other person craps in your mess kit is not being nice its being abused.  

David,Insurance policies for flips are structured different than those created for buy and holds.Flipping policies will give you coverage during the renovation time period as well as any long term vacancy, usually more than 60 days.A buy and hold policy expects the property to be rented and can deny claims related to major renovations or during a long term vacancy.There are specialized insurance programs built for flipping that most flipper will use. 

Buyer's loan has been denied after financing contingency has expired.