You have to make sure to double and triple-check the SOW that you sign off on with your contractor.Even though you know you talked about something being included in a certain price, if it's not on there, they will charge you extra based on it not being on what was signed off on.

Nearly every State's contract has a section for special instructions to lay out terms, add extra documentation etc.The "one pager" contract has its place, but I use the State contract 98% of the time because it offers excellent protection to both seller and buyer, is easy to fill out, and is what everyone is used to seeing.

Had I done 5% down, 4.9% and $125 PMI it would have cost an extra $231/mo +/-.

Best option would be to not get into situation where you have a dispute - if it means you have to shell out few hundred extra $, would recommend doing it.

Talk to your CPA and set aside any funds you may need for taxes.Given that you will have zero cash flow over the next 12 months, there is extra burden on you to ensure you are smart with the money and keep reserves in the event there is a problem (e.g.

Disclaimer: Im aware seller COULD drop asking price or that I COULD bring a ton of extra cash to the table.

But I'm only looking for extra $$$ coming in each month.  

I couldnt count "future income" so they think I was losing about $2000 monthly when in fact I would be making at least an extra $2500 with the new place.My buyers broker suggested a mortgagor that has many loan products including a 20% down nonconforming mortgage.

They know their capacity and are at it.You really have to be extra careful when considering people who recommend themselves. 

How do you make it work, with all the extra planning and expenses?