Need a binder and a paid receipt or confirmation that it will be escrowed prior to CTC.  800 - 2k depending on property and location.CDA - This is an audit of the appraisal to check to make sure the value is there. 

Here is my system that I have shared on the forums previously:It all starts with online ads, within which are several pre-screening questions I request be answered in their response to my ad.

Debt will get paid down, rents historically will go up, and values historically will appreciate. 

HI @David SohnSituation 1: You don't pay for your brokers fee:In this situation you are not paying for a buyers agent and they would be paid via the seller.

My buddy's 3-flat just sold for $100K more than what he paid for it a year earlier.

To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.

Startup costs paid out of pocket should be recorded as capital contributions and may be deductible as startup expenses or amortized.

This includes all charges paid, utility accounts set up, renter's insurance established, lease signed, etc.

She paid us up front for 12 months of rent & then paid herself each month & at the end of year 1 she paid us for another 12 months...she did this until her credit improved. 

(that means I work for Airbnb as an independent contractor, a paid, by Airbnb, consultant to new Hosts).Here is my "tip" that I send to new Hosts:"Pricing is key and worth doing some homework.