Loan Costs, Deposits, and Escrows: Origination fees, application fees, third party reports, legal, insurance review, title & escrow, rate caps (floating rate loans), due diligence deposit, rate lock deposit, standard escrows, etc.6.

A smart lock and smart thermostat are also essential for managing remotely.

I’ve visited every other property I’ve considered in the past, so this is uncharted territory for me, and it feels a little out of my comfort zone.I’m considering putting it under contract sight unseen to lock it up, but I don’t want to make a rookie mistake here.I'm looking for some advice here.

I had a couple clients lock in just recently at 7.1% on 10-30 unit deals.

What area are you in, have you locked up any properties yet?

I signed my purchase agreement, the rates came down today to 6.625 which I locked in for.

This way I'm aware of the end buyers buy box before I go locking up contracts with sellers.  

The bigger thing is understanding that pre-approvals give you a ballpark, but your actual rate gets locked only when you have a signed contract.

Some days you’re on top, locking up contracts left and right.

Not my point tho, I say that to say when you've got a CEO like that who's dialed in about what's being said about his company, or what's being promoted about his company that means he's locked in 24/7.