That's exactly what I was thinking!

For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.

When I followed up and asked for a specific reason (thinking it might require an additional payment towards principle to put me under the threshold) they wrote back informing me that investment properties do not qualify for automatic termination and that PMI will remain for the life of the loan and if I want to remove it I can look into refinancing. 

Hi, im thinking of buying a STR in PA(pocono lake, East Stroudsburg, etc) or Upstate NY. 

I would think they are responsible for finding the deed restriction against mobile homes on a lot while doing title work for a sale of a lot with a new mobile home. 

Initially, I was thinking I could rent this out to a person/couple or to two friends who might want to be roommates.

ITs certainly in the ballpark but I think you can do better most likely - especially with your experience of owning five rentals - certainly some options here on BP to shop around - but the rates and points seem a tad high - you could probably secure something with both a lower rate and origination (and potentially no appraisal cost as some Hard Money Lenders don't require them)

., we have had a broken window (the locking mechanism), someone busted up the queen futon frame, someone took the waffle maker, beach towels go missing all the time, TV remotes gone, etc.People like to put stuff in places they think they should be.

Do you think it will make you rich?

Good Afternoon BP's,I'm about to throw a hypothetical scenario at you guys, and please let me know what you think.