In April, shopped around a bit with a different agency, but they couldn’t find a cheaper rate.

DSCR options would be best as local banks require higher FICOs most of the time but each bank has different UW guidelines.

We looked into what was required from the owners standpoint and it turned out he needed a slightly different insurance to cover the property's use for short term rental purposes, even though he wasn't the one actually renting it out.

Currently Iam working on 2 loans from 2 different banks (done with valuation, appraisail, waiting to sign some papers before I go for christmas leave…for both banks, disbursement to take place after New Year)

How would you have done things differently?

Also the four plumbers who I spoke with on different occasions said that there was know way that the utility or the city would cover any of the expenses.I agree with you that it is less of a concern. 

I am looking forward to learning about the all the different dynamics of real estate investing.

-Loan Extension Fees-Early Payment PenaltiesAll of these can really add up Lots of good advice from everyone else above, but wanted to add this as if you can find a lender that minimizes these extra charges that can make a big difference

BUT you could ask the agent if they would be willing to give up their account with login credentials and then you can change the ID, email, tax info, bank info to the new owner so it is an entirely different account.

They wash up great, don't lint after the first couple washes and hold up really well.We have towels that are 5 years old still in the rotation and still look and work great.I will say that washing towels to keep them nice takes a slightly different tack.