I fat fingered that one and hit the wrong number. but thank you to everyone who pointed that out.

I've read countless posts in this forum where new investors view REI as a high interest savings account that is going to yield a fat check every month.  

Currently I have a big fat mortgage on my primary residence (about 4k a month) , refinanced last year at a good rate of 3.125%.  

I had dreaded having to undergo a lengthy and costly eviction process.

Manage the hell outta this thing (trim fat, milk it, produce fruit, etc...), save.

But more importantly, these programs offer coverage during the 3 different possible occupancy periods without needing to change policies.If you do not go with one of these programs, you typically will have one of the 3 policies to choose from;Vacant - No occupancy and no renovations allowedBuilders Risk - Property undergoing renovationsOccupied - Either by a homeowner (homeowners policy) or tenant (landlord policy).I'll send you the companies my clients use for flipping.

Fat margins = here sure have this cookie (institution proceeds to eat an entire cake).

This is germane because many municipalities have occupancy limits and the landlord needs to know so that that he/she (and by proxy, the tenant) is in compliance with code enforcement.You can also remind the applicant that all occupants aged 18+ must fill out an application and undergo background checks.Between these two bits of information, you can get a good idea of the family composition. 

In the owner finance, you take a fat down payment, so I guess more money upfront in that scenario, but is it more lucrative in the long run compared to rent to own?

That fat little envelope in my pocket brings me joy and warms the cockles of my aging heart.Now granted, I'm clearly a lot more steeped in sin than a lot of users of this website.