I did the math and here's what I found:mortgage amount = 112500monthly PI payment at 4.5% = 570.02monthly PI payment at 3.85% = 527.41difference is $42.61 per month.Dividing your points amount ($2250) by the difference yields just under 53 months.If you keep the mortgage for 53 months or more, paying points will save you money.There may also be some taxation concerns considering the deductibility of points, but I don't have that info.

Whether it needs to be addressed or not I’m just wondering when they send the 3rd person will they find something else.

They sent in the application and upon reviewing it, his Mom lives out of state, he did not include his Mums employment information or current address.

@Ericka Grant,We had a similar situation, young girl LOVED the place, signed contract, paid deposit.. then the day after the lease started, she told us her dad did a search, and said there were too many sex offenders nearby, and she wouldn't move in because she was afraid now (she saw it twice in person, no concerns).    

My only concern now is to figure out the regulations for the historical places..

No zoning concerns in this location.

I also am not real concerned with making money right now.

PM the address and I’ll give you some feedback but ultimately I know nothing about your market. :)

Have a question concerning a deal structure and vale of a fourplex I am looking at.  

If they have issues make them feel you care whether it is something you intend to address or not.Do your regular maintenance inspections and if you never hear from them they are perfect tenants.