You’re simply using some of the money you’ve already saved for your purchase to show the seller you’re committed and serious about buying their house.

However, the most effective method is to simply tell the tenant that they'll need to provide proof of insurance prior to or on the day 1 of the start of the lease, otherwise the keys will not be provided to them.

You accused me of a lot of things here my man… a lot of things that simply not true.

You must get a permit, drill holes in the bottom, demo the bondbeam down a foot or so, and then fill with compaction inspections along the way..... last time I checked it was about $10,000

If you are simply buying for a lifestyle investment, then you have much more leeway in what/where you might consider buying.

What I don’t understand, and help me on this, is why someone would simply want to purchase the Mortgage/DOT without the note. 

They simply sleep on issues.

I'm not here to debate, complain, or anything else.I simply shared my experience to help the poster, that is all.

Especially now, I am seeing a lot of people who bought during or right after the COVID pandemic and are in situations where they simply cannot sell their homes for any profit (many of them bought as new construction).

I’ve recently talked to a property manager and a realtor for my San Diego property and found that going with a manager would put me in the hole 1k a month MINIMUM.