Let me know if you or someone you know might be interested.Loan Requested:$40,000 (secured by a second deed of trust)Interest Only Rate: 8%Total Loan to ARV (After Repair Value): 76%Loan Length: 6 MonthsMonthly Payments: $267Total Interest Paid Up to 6 Months: $1,600 (plus the principle of $40k back then; if money returned earlier, it'll be however many months the money is out)Is this a good deal?

I found hondros college has some online classes (the 4 I just listed) for a total of $1600.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Totally agree with @Dan Bryskin. 

@Arturo Colmenero you could try referencing zoning maps to look for multi family pockets but your best bet would be to subscribe to a service like Reonomy for example if you’re serious about finding multi family properties

Proving to the carrier that the building is a lower risk through methods like the wind mitigation report is your best bet to get a lower price without sacrificing coverage. 

It is a totally different process.

I saved a total of 20% from the cheapest independent contractor I could find. 

That's mortgage fraud.If they don't have equity to tap and don't have the cash to lock in a new home first, they'll have to sell their old home first and the buy something.Lenders look at debt to income ratios (DTI), if the some total of the old mortgage and the new mortgage goes over a certain %, which is based on the type of loan they're looking for, they can't get the loan.

My rule of thumb, estimate 10% of the total purchase price as closing costs.