We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease.

Right now its generally as little as 12.5 bps (1/8 of a percent) at most lenders so not really worth it.Regarding the terms you posted - I ran these through our sizing and they look in the ballpark of market, not much better or worse - with some assumptions, our pricing looks to be 8% flat with zero origination fee/broker fee and $1,000 underwriting for this scenario. 

An update, we are set to close on our first duplex house hack next week!

My experience is that is a kind way of saying "We will add 200 basis points to our quote because your deal isn't normal for us."  

We renovate based on comps in the area and by giving our contractors a specific scope of work. 

This is a short term consideration as you work through our issues.

In CA our MLS, lockbox fees are $1600/yearly.

Welcome to the site @Carl Stenberg!

fractionalized TDs and notes in CA is how we ran our HML companies it is standard operating procedures.the Broker holds the originals  and think of the investors just like you would a TIC on a deed.. each investor has a % ownership and is spelled out in the TD and the Note.. now after the fact there can be partial assignments as well. 

@Martin Kim many of our clients invest in private funds that loan to fix and flippers as an example.