They also have the best weekly newsletter I receive!

I received buyers there as well. 

@Ant Hony Hello.A cash-out is termed to be one if you receive the lesser of >2% or 2000 back at closing for conventional financing.

Unfortunately it does have a negative connotation in folks minds which I had at first initially.To the original poster Jason - I will tell you this - do your homework when you pick a facility for your MIL - the big/flashy do not always give the best care - you can have all the amenities in the world but if you do not have happy staff, good management on site, and a host of other things in order your MIL will not receive the care she needs. 

I received one year of paid home owner's insurance, Taxes prorated at 105% and $500 towards closing cost.

Justin -- you may have already received the clarification you were seeking, but in case you haven't, wanted to provide some insight. 

Thank you Lexi, I will verify the info I received which was from listing and get to view property as well.

Next, the investors would get 100% of the distribution until they have received all of their capital back. 

For other novice landlords out there when a rent payment does not go through and the tenant tells you "someone hacked their account" this is a lie 100% of the time and a indication you will not be receiving any more rent.

We sold it 1 week before our listing date then received a 2nd backup offer on day 1 of being on market for 1st weekend open house.