I put down 20-25% and try to hit a rent range of 1350-1450.

As it sits buying the house seems like a good move as it would decrease our monthly living expense despite it being a very expensive first home (part of why I’m asking for guidance) and also has some value add potential.The Numbers:Mortgage: $2450-$2787 (based on 480K-550K range@ 4.5%)Taxes and Insurance: $700-$800/mo. ($1500/yr. ins.

We charge a flat $125/mo too but most of our clients have SFRs in the $1,300-$1,500/mo rent range. 

I am still doing loans for rentals with LTV's in the 75% range depending on area.  

@Michael J ScanlonFees range from a few hundred dollars for a set of documents and a pat on the back up to $1,500 or more for a plan that comes with meaningful support.Unfortunately, there is not always a direct correlation between price and quality of service.   

But they might be out of my price range for a good house.

What terms would make sense for a 1st note in the $450,000 range? 

For now we've got March 1st-22nd for the years 2015-2020 to see if there are any observable trends in how many listings (and at what price ranges) are coming online. 

The typical home UST ranges from 250 or 500 gallons which tends to fall below the regulatory threshold.

Most people in that income range have decent credit and don’t want an eviction on their record 3 months from now after paying for a month or two.