@Darwin Liu - It will depend on the specific loan program.

If you're a mac user the built-in iMovie program is probably adequate.  

The best move-in special is something that adds value to the apt too (i.e. a cutting board so they don't scuff up your counters or a ceiling fan installed in a room)- find somewhere else to advertise your rents (from another BP post I learned about rentlinx.com and it's a great tool I use every day)- do a resident referral program - give them money (that is less than the lowered-rent option over course of a year) for someone they refer who signs a 12-month lease- crazy tip but always have your rent prices end in a $9 - there's a lot of studies that support this and you get the most out of your rent as possibleAt the end of the day, if your rent is way higher than everything around you then you'll simply have to lower it.

I called him back today and he told me the cheapest program he has available is about $3,000.

Prepaid programming and other media has made it known what RE investors do so most when dealing with an investor understand it is just that...investing, I spell out in contracts that I have the right to assign, market, sell, etc. and if Seller has an issue with any of it, I will generally compromise to a point of there comfort and it all works out.

I think the minimum now is 640 or a little less depending on the program.

You need to understand what your wanting to accomplish 1st, is it residential or commercial, and then chase down the lender that has the program that meets your goals.

@Andy Robison City owns a house next to one of my rental properties. city's house is a board up that they have unsuccessfully tried to sell through the "scope" program. the reason they cant sell it are the requirements the scope program maintains.

I have experience with grant writing, entitlement programs, and years of service with the government.

However, there is another stipulation I've read as follows, "All applicants need to submit with their application a written commitment from a licensed real estate broker stating that the salesperson applicant will be affiliated with the broker after becoming licensed."