It is required by the law and the Code of Ethics.2) There is no such thing as not going through your brokerage when you have a license.

Of course it is always a balance between rate and occupancy.I probably will never do it , but often dreamed at one time about buying a small hotel. 

With a 40-year mortgage, however, most of your payments go toward the interest, and almost nothing goes toward the principal balance.

@Fareen E. as long as you don't violate Fair Housing and are CONSISTENT, you can do whatever.If you require an ID from EVERYONE, you are safe.

Yes, I share the same feelings and dont understand why the information and steps required is SO extensive! 

As noted, commission are always negotiable as are brokerage options (full service to discount companies that pretty much just post it on the MLS and you work with all calls, offers, etc) and an agent can go over likely net out scenarios with you and give you an idea what you likely will be able to net after closing expenses and paying off the mortgage balance. 

Some documents require “wet” signatures… meaning hand signed.  

Just make sure you do you research on Manufactured guide lines and requirements. 

I generally prefer higher since I don’t plan on putting in small claims, it’s basically just for catastrophic loses and the savings in premiums over multpiple properties for multiple years should balance that out if I have ever have to use the insurance.

A HELOC could help temporarily if you plan to payoff the balance quickly and are planning to save on monthly payments in the short term.