There are also fees but they are extremely minimal in my opinion. 

:We use the cheapest ones that they provide at Lowe's, our handyman installs.

Tenants can split up the deposit in installments (this is not a surety bond or insurance product).

In the side I house hacked I updated the bathroom, I installed turf in the back yard, added a large shed, and furnished the Unit.

It also covers your legal fees simply to defend a bogus lawsuit. 1 million is standard for each of my properties.

There is a monthly fee associated for this but if the tenant is serious you can offer it to them at cost.

Thus, they take extreme risks and look for corresponding discounts.Additionally, after the first position lender accounts for default interest, penalties, legal fees, foreclosure fees, accounting fees, and everything else, the equity in your combined <65% ARV loan can easily erode to zero.

The few lenders that offer no seasoning, they typically make you pay for it in high rates / fees.

Cash out refi on the free and clear property doesn't make sense- has a min loan amount and all the fees (origination points ect) and appraisal ext.

That said, a VA loan charges you a guarantee fee that is financed into the loan.