Home Possible factsheet  Home possible factsheet shows fix rate has 5% down payment but if you go with ARM need higher down payment.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Please note how ambiguous the sentence actually is:(10) where the purchaser obtains a title insurance policy insuring the transfer of title to the real property; orWhile I will admit, I have not examined many Wrap title insurance policies, however, I think we can objectively see or hopefully see, that we would explicitly have to review said title policy to ensure the transaction is properly insured.  

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

- Is this an "arm's length" transaction even though the rental is under an LLC?

If you start of with an LLC the best you can do is an ARM loan and as of right now and the way the financial markets are going, I'm not to keen on risking a monumental hike in 10yrs that kills all cash flow.  

They will be portfolio loans, and will typically have terms that are similar to commercial loans. (3-10y ARMS). 30-y fixed are generally not worth it due to a very high rate.

However, looking at all the multi family listings and the zoning information on Redfin shows that these explicitly do not allow Short term rentals.

Got what seemed to be good candidates via Zillow, except one of the applicants background check came in clean but I can find them on online news sites for armed robbery and drug dealing.

In order to get this return the investment group was projecting selling at premium but acquired a 5 year interest only ARM with interest rate cap on a 5 year ballon on and 25 year amortization.