I know the property manager company does pre-screening and give the tenant a temporary lock box code.

Owners vendor changed the locks prior to new tenant as is required, but only forgot side door, and have a different key for back door, but didn't provide key. 

found the deal, helped me lock it up and will run the rehab since she has been flipping for 2 years already.

With better locked in rates you can have longer safe returns w/o worrying about future rate adjustments that are common to commercial lending.My duplexes were both owner-occupied by me and my experiences were very positive.Another person I know owner-occupied a 4-plex and was overwhelmed by the picky tenants, and the fact they were right there.My experience is that single family homes and duplexes command a better tenant than apartments.

If I was the seller I would hold a BIG earnest money deposit if I agreed to that.No sense locking up the property for a tiny sum.So it sounds like you are an assigner and not a property buyer to just collect a fee correct??

I use a pretty long contract to lock up homes in lease option.

There is also the issue that sometimes comes up, where some tenant(s) refuse to allow anybody access to their unit (I've even seen cases where the tenant assured that by changing the lock so landlord's key no longer worked).

The reason I can wholesale it is because I locked it up under the name of a new trust, of which I have yet to form but did provide the name for it on the contract.The first party I sent it to was somebody who has cash buyers.

So the property might have a lot of initial deferred maintenance bringing the CAP down.You can always get under contract and hammer them during due diligence if you find big items.Pay attention to the leases you will inherit and see how good or bad they are and how long you are locked in.

I am not out 75 days from my closing date and my loan broker said that my 30 days lock rate today would be a 4.625%Do you guys think that a lot can happen from now until June 30th where the mortgage rates may spike.. or will probably remain stable for a few months?