Mortgage insurance is calculated annually, using the outstanding balance and LTV ratio.So, while your payment will be the same for the entire 12 month period, it will change for the next 12 month period based on the reduced principal that is outstanding.Keep in mind, the annual calculation is completed upon the 12th month of the anniversary of the loan origination, not a calendar year.Here is an example from my own portfolio for an FHA loan that my husband and I obtained while doing a house hack in 2012, that has since been converted to a rental property....Original loan amount $247,926Year 1 PMI - $251.68Year 2 PMI - $246.94Year 3 PMI - $242.01Year 4 PMI - $236.90Year 5 PMI - $231.58Year 6 PMI - $226.07We are currently in year 7. 

Answers:1) equity capture -Useless, insecure, can disappear like the title of a "soap opera"... 

I use soap when I shower, and occasionally eat cereal for breakfast: that doesn't mean I'm qualified for a job at a CPG company like Kraft, Proctor & Gamble, or Kellogg's.2) Following on 1), by listing it you make it fair game for the employer to poke around.

Something new I am starting is leaving small thing of soap, shampoo, conditioner, toilet paper, salt, and pepper for them.  

I'm going to get on my soap box now so bear with me.

As a cat owner I can testify that this actually has worked better than pet store solutions in our house:First mix vinegar and water 50/50 and soak the areaWhen almost dry soak the area with a mix of 1 cup hydrogen peroxide (3%) mixed with 1 teaspoon of dish soap.

Only two weeks into renting this apartment he had junk piled half way up the walls in every room loaded with boxes of diapers, soaps and shampoos and oven containers of food.

We prepare a move-in gift package that includes cleaning supplies (degreaser, carpet spot cleaner, vinegar, baking soda, magic eraser, disinfectant wipes), cutting board, plunger, hand soap, dish soap, paper towels, and toilet paper, presented in a cleaning bucket and reusable shopping bag. ($30)  At move-in we also loan the tenant the use of drop cloth runners (to protect the flooring on move-in day), furniture moving blankets, furniture sliders, furniture lifting straps, a step stool, and a picture hanging tool kit (with small hammer and picture hooks). 

No wastes, soaps, etc were found on the surface but again it was raining a lot prior to inspection.No info on water wells.

Ninety days prior to the anniversary of their lease, in accordance with the law, we provided them written notification that we would not be renewing their lease agreement.