For subject-to transactions, the POA won't get around the "due on sale" clause, but it will help you do very important things like cash escrow refund checks and insurance claim checks, and other borrower-centric activities.

This year one can not claim the insurance as tax deduction.

Also, insurance agents, attorneys, lenders?

Earnest money is there to ensure you have skin in the game which insures you'll be closing on the property. $1 shows you have no interest in closing the deal.

Prop tax, insurance, and MI are per loan officer and confirmed by my own research.

Our twin duplex is rented out and we like both of our tenants as they're dependable, stable, and relatively long-term, at least for the next 3-5 years.

I like the Fannie Mae just a little better because the mortgage insurance is cancellable where as the mortgage insurance on the FHA loan is not.

I guess I am just one of those basic lender types.put money out get a mortgage or deed of trust prom note.. lenders title policy and named additionally insured on the hazard insurance.I think your talking about an investment scheme.. :) of some sorts.. 

I say that because most people gravitate to FHA because of the low 3.5% down payment requirement but you can get that with a conventional loan which is a lot of times better because the mortgage insurance goes away on a conventional loan once you have 20% equity whereas FHA loans have mortgage insurance for the life of the loan if you put less than 10% down.

Outside of real estate, I'm a business insurance broker working with small businesses, commercial realtors and anyone involved with serving businesses with less than $20M in sales.