In the alternative, they think they won't be able to get it, they will be turned down as a tenant, will have wasted the application fee and one more person in the world will think of them as a loser. 

or will closing costs including transfer and title fees, etc eat up a lot of it?

Do you factor in property management fee as part of your formula to calculate Cap rate?

The 1.75% upfront fee can also be financed into the loan amount.As for 203K, this program is for properties that need work.

If it's a high end unit all the big box stores do 0% interest and same/next day instal...

EARLY LEASE TERMINATION FEE (LIQUIDATED DAMAGES).

(for a fee of course)Looking to build a list or two in the Los Angeles area for some specific development opportunites.Thanks for the help!!

And she even had purchased and installed new curtains for me.

I don't know what kind of product you want, but this was next to no fees with their "friends and family" deal they offered.

Another issue is your property management fee.