Is there a standard percentage that is used or are you just trying to figure out what the least they will take to hold on to it for?

Also, when property is sold is the loan paid off just the same as a standard sale or would I need to pay sellers loan balance after the fact?

Having sufficient equity" - By whose standard?  

Wow Dion that was a monster post even by your standards.  :-)  Kidding aside, good topic for discussion. 

It is considered to be pretty landlord friendly, but MA standards (but that is the case with pretty much any other state).As far as the fees only benefiting the landlord, that is unquestionably true.However when you get a mortgage do you tell the banker "I'm not paying for that credit report, or that appraisal, and I'll pay my attorney's fees but not yours, oh and I don't care what your policy is I'm not paying for YOUR mortgage insurance.  

Use standard sized windows, etc.  

I stay within budget for standard building, but can feel good about what I'm doing.

A lot of it is the Indy market, and the neighborhood is not bad, but isn't the ghetto.Anyways, was curious as to what you guys get yourselves into, and how "low" your neighborhood and pricing standards go.

I believe it is legal because the notice came directly from the City.I would rather not pay these bills because that isn't standard in the area I am renting and it would probably add another 10% to my costs.

Also, even though the loan is only 30% LTV, the underwriting standards are probably the same.