Is this common with foreclosures?

So really that would work more in a sense to purchase a home, rehab it, and rent it out or flip it.

The company I work for manages approx. 100 sfr and small multi-units in the Whittier area (mostly along the 605), and expenses for our units (including common area maintenance, regular maintenance, turnovers, and cap ex) have historically averaged around 40% of rental income.

If they're willing to fudge something that they absolutely KNOW for a fact is going to be that far off, imagine how far off anything else can be.Another common one is utilities in a property with low vacancy.  

The common street address is is not the legal description. 

I have been a realtor since 2005 however, it made no sense for my husband and I to pay all those extra fees, separately.

Supe will smack some sense into them.Then go to a smarter lender.

This makes sense if you are looking to grow your nest egg. 

Good as it looks, I reckon the main reason they're not more popular is that even if they'd built a traditional home on the same site, costing $100k more, it may easily have resulted in a justified $899k asking price ie. the same profit as doing it the container-way.Makes more sense for you if you're also the end buyer/occupier, saving a genuine $100k!

It's not common for banks to do them though, so you'll have to call around to quite a few to find the ones that do them.