Guidelines for PMI removal arent a absolute Shayne.Its like any other lending guideline, theres the base guidelines from fannie or freddie, then there might be "overlays," which are the additional restrictions that the servicer or investor may add on to protect their interests.The ones I mentioned are for the mortgage company I work at and to be honest it used to be stricter.

Your best bet is to ask a property manager since a realtor may not give you enough honest answers - they are trying to drive sale.

I honestly know very little about what there is, and I've never done any DIY on a home.

The 2% rule is widely debated here on BP, and honestly, is one of the reasons I've delayed buying property because I felt the other deals weren't "good enough" at 1.xx%.

Therefore, a buyer could walk in, make an honest offer, and the seller can simply declare the previous BS contract void.

If the tenant is gone, and you're thinking about keeping the security deposit to fix the damages be an honest landlord and give the tenant receipts on what you spent their deposit on...

Any buyer can walk in behind one of these frauds, make an honest offer, put down substantial consideration, and kick the unlicensed broker to the curb.From the statute:All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserve

Hi LuciusI have a contractor that is very honest and reliable (not very easy to come by).

Honestly, I have no idea which state I will end up these days.

The best thing for you to do is to be upfront and honest with the seller from the start.