I saw their Facebook post promoting their quick collaborative mortgage service and decided to try it for a property renovation project.After filling out a form and providing my ID and bank statement, they promised a $41600 mortgage within one day, but required a 3% service fee.

After 3 years, it'd be paid off completely. 35000/100000 = 3.5% which is a bit higher than the 1% rule, which seems much more difficult now-a-days in the United States.Business in JapanAs an American, we can go there for 90 days, no VISA required.

Only requiring first months and security right now.  

Keep an eye out for indicators of population increase or steady housing demand.The BRRRR approach may be appropriate for older properties, particularly if they require renovations.

If you were to purchase a property that does not require a lot of rehab, then you would be able to start renting within a couple of weeks.

No issues with property but state is requiring abatement.

I also don't know if changing the insurance policy would also require me to loose the homestead exemption and DV discount on the property taxes. 

This is a portfolio loan offered by local credit unions where you can buy up to 5 pure investment properties with as little as 5% down if you qualify, which you do have to qualify still with DTI, credit, reserve requirements, etc.  

Which entity do you require? 

If you were required to leave some sort of explanation for giving anyone a less than perfect rating, you'd probably either be justified (or felt justified), or if it wasn't something you wanted to spend time explaining you'd just give the 5.