Fannie and Freddie took only minuscule losses during the recession on their multifamily products and their current offerings continue to have excellent terms.  

With the TransUnion product and similar background checks the applicant will go online and verify their identify and enter their social security number to "release" their credit information to the landlord or property manager and this is a soft inquiry.  

I plan to work production for a period of time, as it seems the best way to really learn the business.

These products are far from my area of expertise, but I would say the leverage is driving pricing.

I agree with the other coments that the price is too expensive.Recently I came across Northwest Registered Agent and am planning to go through them for my next entity creation.

If you have a spare $297 and a website will make you feel more legit you can go to https://www.yellowletters.com/product/real-estate-website I got one and it's way less than a webdesigner will charge you.

We were told that the product had a commercial grade warranty for 10 years and 15 years for residential.

This is a Conventional, Fannie Mae product where you can finance the rehab and it goes off the ARV. 

I have one HML which has a great BRRRR product, but their seasoning period is 12mos.

@Frank DalyOnce you call out a product and or model you just defined the quality of the product.