As a VERY GENERAL rule, plan on $125 a month (includes MLS access) even if you do nothing with the agency that month, these are some sort of 'office fee'.

I have a very different take on this issue for two reasons. 1) Many tenants (at least in Ohio) have their utilities paid by one or more government agencies.

There is a mobile home on that lot that brings in 150.00 per mo.

While 90% of creditors use FICO for scoring not all do and different agencies have different scoring. 

Let me know I have owned property and casualty insurance agencies for over thirty years.

I am not a realtor nor am I associated with any real estate agency.

My inquiries are on mobile home parks.

It just takes an extra 2 hours of work for the LO, which is why you don't often hear about this excellent Agency loan program.

In the bond world it's easier to quantify because you have a rating agency that gives you a generally accepted comparison but in RE people take on additional risk and find it easier to justify because there is no indicator of risk for them to compare two opportunities against.  

@Sean Cole  well as I stated it was the first time I have seen a govmit agency address EQUITABLE interest in the definitions.... most wholesalers as you know bring up the Equitable argument to circumvent they are not selling RE without a license..