If not you will rely on a property manager and there network of service people.Some electricians want to charge a 100 fee for installing a wall socket plug with a service call.You can do it yourself for about 50 cents in parts if you have the knowledge.So repairs and what they cost will depend on how you intend to manage and repair the property (yourself,hiring a handyman,or hiring a skilled trade for that job,or have an onsite maintenance repair man).Since your property is small hopefully there will not be too many repairs issues.Don't fool yourself that since it is newer the property doesn't have problems.I watch Mike Holmes and he goes in property after property with many being just a few year sold and finds tons of problems sometimes costing tens of thousands of dollars or more in repairs to get it fixed right.Many builders will cut corners or hire subs for certain jobs and be unaware of the problems and things that were not done correctly.

Hello every body!

One was a seller financed deal (014524-01272) on a house, the other was between a builder (borrower) and a 5.7 acre land owner.

It's possible that a CPA might be correct regarding short-term owning real estate in an S-Corp if you are a home builder / very active flipper / meet the definition of "real estate professional"; but, you likely don't meet the nuanced requirements for such a setup.

Depending on age of the building I would run up to 55% total costs on average.I highly doubt there is a fully performing building (for a realistic amount of time and not just putting bodies in there to fill it up)that a seller is selling at 44% LTV.Too many buyers would jump in way before that.I get buyers sometimes says I saw this ad and it said 20 CAP!!

Stop exercising your fork and start exercising your body.

The title says “upfront fees” but then you changed it to ”points” in the body of your question.Don’t ever pay fees before your loan closes.

I'm assuming it was handed over from the builder to the community.

I wisely took that as a 'no', accepted his price and double closed it to a builder at fmv.If the deal is as strong as you say I would tell the seller "I'll pay your full asking price because I don't want you to think I'm playing games and negotiating back and forth.

That's something to look out for with homes that were built after the 2004 hurricane season and with certain builders.