About 10 years ago, I had the privilege of working alongside an incredible mentor.

I've had the privilege to start over several times in my life and have had much downtime yo reflect on both the problem and the solution.

I'v never quite yet had the privilege to attend one of thous.

Paying for the privilege is not something I would ever do, especially at full market value.  

It's a one-time fee for the privilege of having a pet.

Formerly, I served in the Marine Corps for 9 years as an Air Traffic Controller and had the privilege of living in both North Carolina and California as well visiting various locations all over the world. 

Just make sure you are comfortable that you are not paying above "market price" for the privilege of (potentially) receiving "pro-forma" cash flow.By the way, in which market is the property?

But when I think about the fact that we will pay more on a monthly fixed basis for the privilege, I wonder if it's worth the trade. 

It's good for us to consider and "check our privilege".For me, until I read your post, I was taking pretty much everything in your list for granted, but am thinking about it more now.  

It seems if the qualification period is over that someone at Fannie has arbitrarily narrowed the list of potential bidders to a select few privileged individuals.