These borrowers are typically out of the market for extended periods of time, have limited contacts in the debt world, lack understanding of how different loan programs work, and are susceptible to working with the one bank / credit union loan officer that they know through their family, friends, church group, college, etc.

Why I am leery of these "creative" things for people with little to no money One of the concerns of going to fast is over extending beyond their resources. 

But not the time period. 

Once they cut the govt spending that is going to equate to negative job growth most likely for periods of time.

Overall, it is okay, but it still requires relinking the accounts periodically, which seems more security-related than anything else.

Were the tenants brand new during the due diligence period? 

The unit was crappy to begin with and this didn't happen over a short period of time.

@Brandon Croucier That isn't correct... state laws allow you to enter the property within certain time periods, normally 24 hrs, with or without permission.

Over the 30 year period, I would about $10,000 dollars with the other lender if I do not buy down the rate.

Particularly over an extended period.