I have come across multiple properties - typically houses that require rehab - where the seller is not the owner of the property but what I believe to be a wholesaler or investor who has been assigned the rights of the property to sell to an end buyer (me) for a (substantial) fee.

Have the manager or maintenance or whoever is assigned to open the doors for you to call out loudly management company before proceeding in.

Tracy, can you explain the requirement for proof of landlord liability policy? 

I respond to maintenance quickly.

I have a strong credit score and expect I would be able to get approved for this mortgage.Monthly taxes = $155/month ($1,860 annually)Annual insurance = Estimated $166/month (~$2,000 annually)Annual HOA = $196/month ($2,352 annually)Maintenance = Estimated $250/month ($3,000 annually) (0.5% of property value given that this is a newer build.

We updated the house to match its low price range, which required careful budgeting and strategic renovations.

Most of the lenders I’ve had contact with have the 25% DP requirement, high rates, and high closing costs 

I love the idea of less maintenance and hopefully less tenant drama. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

The HVAC system needed full replacement, and landscaping costs increased due to an extra lot that required clearing.