I would think your stepdad could get on with a normal hazard insurer and out of the Nationstar mortgage policy.  

It will make my trips back to the Midwest dual-purpose.In terms of criteria, I am looking for a small B house <$50,000 that rents for ~$500.T, I would normally tell you not to choose a market just because you have family there but in this case, that's an added bonus.

Ball park a normal one of a sale less than 1 million at around $700 - $1000.  

., or just a function of that time of year being historically slow.I would love nothing better for my investor clients than to have prices normalize and/or lower, but I still think it's too early to tell.

If three comparable properties were listed at $110,000, $115,000, and 112,000 and the SQ Footage was 1100, 1125 & 1110 BUT unlike your real estate salesman you knew that was the Wrong way to look for value and you asked your new SMARTER Realtor to pull up sales for similar properties and found out they sold for $100,000, $105,000 and $102,000 then instead of dollar per square foot based on ASKING price (with a range of $100 to $102 psf) you'd use the actual sales dollar per sf and see that $91-93 was the range so a market offer for a comparable 1120 sf property would be around $103,000 instead of $113,100. 

Tell them you are a wholesaler so your relationship doesn't get off on a bad foot. 

Scuff marks from moving furniture in or out is what I consider normal wear and tear unless it's extreme.

I'm just wondering if it's normal practice to include tenants are responsible for maintenance up to a certain dollar amount like $100? 

It takes a credit pull and a made up "123 main street" purchase loan to pose the question to LP, however.Further: Normally I disagree with the majority of my fellow lenders requiring a fresh credit pull every 3 months for a preapproval to remain valid.

We normally will ask how much is your monthly payment.