Purchase price: $201,000If this were a long term rental then monthly rent would be $1,200 (terrible, I know) However, as a vacation rental it would bring in around $2,700/month based on the average occupancy and nightly rates in that area.

Of course most don't close, so it's a terrible waste for us Now we charge a fee, which we credit back if the investor buys the property and hires us to manage it

@Victoria TorresQuicken loans is terrible.

Those terms are terrible. 

And if the difference between the higher downpayment and monthly PMI is not terribly different then would it matter that much?

The properties are in a complete state of neglect and disrepair and they have been absolutely terrible during this process.

Condo I looked at at $300 HOA and was terribly managed and literally falling apart.

It's a good thing you can't find a bank because that is a terrible deal.

The website was terrible.

I'm looking to house hack a duplex with garage but everyone i see is in a terrible area.