Also allows me to have a placement company to deal with tenant headaches. 

Have it held in escrow by the title company or an attorney.

I know not all title companies are created equal and that few will close on a deal at a certain price point or do what's necessary to clear title on messy title deals.

First time dealing with a title company.

Some credit providers charge $50, some charge $200 and you don't have control over this unfortunately.Title fees: since you are purchasing, you probably didn't choose the title company, however this can be negotiated when you submit your offer.

Multiple, billion dollar companies are investing investing heavy in our area, such as Intel, Google, and Amazon.

I can provide a lot of advice as I've done several LLCs for our companies and I'm right down the road in Tampa.

However, this is a larger banking company and I have heard it can be better to have a HELOC with a smaller, local bank.Option 2: interest rate is prime +0 with a max of 25%.

I subtract that from my offer and run my numbers as:Rent (estimates from the MLS on closed rentals in the last 3-6 months; we have access).Insurance (we go to an independent broker; who happens to work for my company, so we bid everything out to dozens of insurance companies for some estimates)Taxes (we challenge them after a year of owning)Water/common chargesWe do not add PM fees as we manage all of our properties ourselves. 

Hi Lynn,  After dealing with maybe 4 different management companies before, this one is by far the worst.I don't see anywhere where they say they charge for a vacant tenant, which is ridiculous.