The standards have been out for about a year and most sprinkler installers are 3 to 6 months out. 

I have been using Quickbooks online for years and love that it's the industry standard and robust software.

Real Estate: Starting OutYesterday, I found out that my tenants had their water disconnected.

I used the standard Massachusetts Lease Rental application and it didn’t have any language regarding such. 

Also, if you have cash to complete the purchase, you can get preapproved and then make an offer with proof of funds and without a financing contingency with a standard 30 days to close.

If you are curious on the market I would guess you have the ability to test the waters 

I am not making any conclusions just doubting, as previously mentioned, if a 30 year conventional mortgage (nonconforming, but standardized within the banks operations somewhat), necessarily excludes renting it out. 

If that's the case, you would charge rent + utilities + water or just lump it into one rent fee.One thing to keep in mind is that friends often bail on deals like this once you get it so you have to be prepared to have to figure it out if you get the house and he isn't interested.

Loan Costs, Deposits, and Escrows: Origination fees, application fees, third party reports, legal, insurance review, title & escrow, rate caps (floating rate loans), due diligence deposit, rate lock deposit, standard escrows, etc.6.

20 to 25 year amortization is pretty standard for commercial loans, in my area at least.