I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program. 

@Mounish ThatikondaThree beds and one bath is less desirable than having 2 bathrooms or even a half bath. 3/1 can make some of the best purchases because they are functionally obsolete and may get passed up by many buyers allowing you to get a better price.

While some lenders can get creative with income and/or don't require personal income underwriting, DSCR lending programs technically only apply to SFR 1-4 units and small multifamily (usually to 10 units). 

There are non-conventional programs that will allow on an exception basis but not ever one can qualify or will even know about those programs.  

Just remember, returns are a function of risk and effort, so don’t fall into the trap of buying low cost assets with the promise of high yields.

I'd look at population growth and job growth next.Cash flow is not only a function of the rent and purchase price, but also that of your loan value. 

Trailers and fabricated houses have their own loan programs called Chattel Loans. 

To choose the loan choice that best suits your financial objectives and preferences, compare options including conventional loans, FHA loans, VA loans, and down payment assistance programs.

What mentorship program are you using?

However, if you elect to own the real estate in your personal name, creating a separate LLC to perform property management functions and to collect rent provides absolutely no added protections.