But look out, lower cost management companies make it back through add-on fees, so scrutinize that agreement carefully. 

I’m not a lawyer but after scrutinizing our contract, which reads:“Seller shall cause the construction of the Property to be completed within a period of two (2) years from the date Purchaser signs this Agreement.

The underwriting is strict, and your experience level and ability to perform will be scrutinized.

The ones that do ask you for a budget will scrutinize your planning and make sure they agree with your numbers prior to issuing a loan approval.   

They do scrutinize a bit over the terms of the co-op, management of the co-op, reserves and such.

Scrutinize contracts related to services like laundry, internet, cable, and phone.4.

It will be a reminder to scrutinize any flat rate plans as closely as possible.

The IRS tends to scrutinize W-2 employees claiming REPS, and there is only one tax court case I know of where a W-2 employee qualified.

However, it's important to note that the lender may scrutinize this to ensure that the appraisal value supports the agreed-upon price.

I find saying you're doing it to "learn" is better received then "i'm doing it to save on costs" since they may get the feeling you're going to micromanage them and scrutinize the budget.