As I mentioned, I'm in a rent-controlled area.

It just was casually mentioned by the remaining female tenant at some point. 

@Jason ScottI would also take the higher rate and put less cash at closing as the delta as mention is $50/mo which means as long as you refi in next 4 years then taking the credit was the better choice.This is assuming the $50/mo does not have a significant impact on you and your finances.

They offer so much in all the paperwork, scripting, and more to remove the problems you mention so the "error" part of trial and error is mitigated.

But like I mentioned, it's not for the timid, it's a whole program itself and some of the things I've seen in those units would blow your mind.

"Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collateral to a loan.

As other's above have mentioned, Midwest wouldn't be a bad idea.

Congrats Mark,As Hamp mentioned, getting a management company involved before you deploy is a very smart move.

As you mention the deals are out there.

As everyone else has mentioned, you're in the right place for all the information you need jumping into this.