In addition, you've got your HELOC on your primary you'd have to be paying back also.

I think you have a solid basis to sue them for all of the damage - though getting them to pay will probably be difficult.I only asked about them being related to you because such a situation can cause awkward moments at the next family reunion!

Of course there's a premium you pay but the convenience can be unmatched when you have the right partner. 

They can help you find tenants, vet them, and ensure they pay on time.

If you do find a PMC willing to do this, expect to pay quite a bit more for all the extra hassles!

You do have to pay the seller the "equity gap".

.- More Predictable Rates: Rates better reflect the real risk rather than just being based on a flood zone map.Example Scenario (Simplified)- Old System: A house in a designated flood zone pays $1,000 annually, regardless of its elevation or distance from the water.- Risk Rating 2.0: That same house may now pay $1,200 if it's closer to the water and more vulnerable or $800 if it's higher up and better protected.Flood zones still matter under Risk Rating 2.0, but their role has changed. 

If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not  bad idea but if you think you will overstretch yourself renting is nto bad either.

And, even then, hitting your rate target would still be extremely challenging unless you were paying points up front, in which case it would probably make more sense to just try to put in a bigger down payment (or pay down the balance if refi) instead and get better terms naturally offered at the lower LTV.

There's nothing wrong with paying for someone to do their job but take the opportunity to learn from them. 9/10 times they don't mind teaching you.