A delay in closing is not only inconvenient, it may increase the cost of the loan.Understand the Terms of the Loan: Carefully review your loan documents, including the closing statement, before you close on the loan.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Your loan document should say.

Find a realtor you can work with, and familiarize yourself with the available financing before you submit a contract.

What documentation will I need to provide to the IRS in the event there are any audits? 

As with any Real Estate purchase, you need to read the documents carefully.

As a listing agent, an offer submitted without a showing hold less value in the sellers mind.

I have documentation that’s states she gave $850.00 on escrow statement.

Oddly enough in this document they define multi-family as: “ "MULTI-FAMILY" means a structure containing three or more dwelling units or a bed and breakfast dwelling that has six or more guest rooms.