I expect credit issues.I would use a different screening service that actually lets you view histories and such rather than one that outputs a thumbs up or thumbs down.

For example my contractors know not to expect payment until the HML comes out and approves the work done.

While I expected some variation, that amazed me.In looking further, here's what I found out... the lowest simply insured me for the appraised value (I told them $85k even though I was paying $72k)... the next insured at $100k stating that was their minimum... above that was a quote at $160k because that was their estimated replacement cost on the property... still another had an estimated replacement cost of $200k!

I would like to see what their expectations are before I try to pass on it.

I would be intersted in what title people have to say but I would never expect there to be a payout from a title insurance claim.

I expect to make around $20k to $25k once it sells.

Without even getting to the question of the total being off from where you expected, line 201 on the HUD explicitly lists your deposit.

It would seem to be in everyone's best interest in the industry to have reasonable standards for illustrating expected performance on rental real estate.

I would expect this to be pretty expensive to fix (think in order of magnitude of thousands).

To me, it doesn't seem like buying makes sense if you are only going to live there a few years, unless 1) you are planning on buying a fixer and have a good amount of equity, or 2) you are expecting good appreciation.