If you used a standard lease form, then the conversion to MTM is already covered there.  

Just your standard settlement fees.

Is this standard practice?

If the HML guys (lenders btw, not loaners :P ) will not touch you due to lack of experience, one option would be to find a property juuuust good enough to get a standard Fannie loan, and let that be your first.

Lou,If I run my analysis and I see the standard $100 - 200/door I tend to think that is a good deal, and warrants a very close look see as to why.

For thickness you want to go with with either 18g which is considered a good standard, or 16g if you want a really nice quality feel.

That is standard procedure for them.

These are my costPostage has two rates one is local mailing and other is non local mailing and they are precancelled standard stampslocal mailing: .25 per piece non local: .301 per pieceyellow lined paper: .026 per pieceEnvelope: .054 per pieceInk for printer: not sure I haven't used up an ink cartridge yet but I'm guessing it will be .04 per pieceTotal: local mailings cost .37 per piece and for non local mail it cost .421 per piece.If anyone has anyone has any questions feel free to reply to this post.

One possible pitch to your 1st potential landlord (I'm sure it'll get shot down the first few times... it only takes one "yes" though):I'll pay $200/mo more than market rent.I'm paying double your standard security deposit. 

Many member's of BP and the Indianapolis Real Estate Community work very hard to maintain a standard of ethics, honesty & integrity.