Don't mean to be harsh, but there are issues through out it, rent credits, optionee doing maintenance, sale covenants in insurance, it's an option, there is no issue with you not taking the deal, however, it's conditioned on performance, that violates true options and automatic rent extended and option can violate any due on sale.

Depending on the MLS, it will probably be automatically feed to the BIG real estate websites for maximum exposure.There are costs to having a license.

Tell them you don't need an automatic MLS search, you already have that, but if they want to send you individual listings, you will definitely take a look, and with them, you can be very specific about what areas or what qualities you want.Good luck, and I will be interested to hear what happens.

I read that PMI drops off automatically when you reach 78% of the debt to equity ratio but was recently told that this would not be the case and I would be paying PMI for the life of the loan since I refinanced into new FHA guidelines in 2013.

They stole the bike wrack we had out there (yep, you read that right, the city stole it), they removed all the bushes and flowers, and they constantly try and move the decorative garbage containers we have out so that people dont have to throw crap on the side walk and street.The DDA just turned down a million dollar business that wanted to move into the area because he wanted to have automatic doors like you see at some CVS drug stores.

This is an automatic denial for any large apartment community. 

Originally posted by @Tyler Cruz:I am working with a mortgage broker (Julie Tyson) who I've used for my last 2 purchases (not investments) and have been very happy with her.While your broker may have been wonderful for residential or vacation property purchases, that does not automatically mean s/he will get the needs of an investor. 

The exception to that idea are Super Liens like property taxes which automatically take priority.  

If not, you stand to make an "automatic" ROI by paying down your principal to get rid of the PMI. 

Someone that will appreciate the work you put into the house and is willing to pay a little more to live in something that has been cared for will most definitely be a tenant that requires less of your time and attention, and will most likely pay on time, and in full, and might even set up automatic payments direct to your bank account.