Hi all! What speeds would you recommend putting in a medium-term furnished rental? It's a 3 bedroom house and we plan to use technology such as a smart lock, WIFI exterior cameras, and a smart thermostat. That on top ...

However, going to the unit, seeing what needs to be taken care of, writing it up, submitting to a manager, going to Home Depot and then doing said work takes time. 

Hence the important of an MAI Appraisal

Columbus is going to be more of an appreciation play and cash flow margins will be tighter in the beginning. 

Have any of you ever heard of an Engagement Fee for refinancing?

They can pay by whatever means the bank will accept - as long as it shows up in the account, I don't care!

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

I pushed back on the idea of an up front transaction fee of 10K and told him that I'd be happy to pay a transaction fee at closing, but wouldn't feel comfortable paying 10K without it being tied to an acquisition.

The house is currently under management so I’d think they’d take care of getting top market rent but I think we all know that management companies can be hit or miss.

Lending to Entities Only: (Not required but think carefully.)