on one of your post a reply came back that your comparing oranges to Iceberg lettuce and for sure you are when you compare vegas and Memphis.What caused the meltdown in Vegas and PhX  @David Faulkner  well I can tell youVegas relys on gambling and tourism in the crash any tourist city and gambling city got hurtand then for rentals  what killed that market and phx is that a very large portion of your renters were in the building trades subcontractors laborers etc etc.. building came to a complete STOP.. those thousands upon thousands of jobs left.. and most of those folks rented.Memphis is a rental city and has basically always been one with about 50 to 55% of pop are renters.

The appetite for risk is varied from investor to investor, of course. 

YOU do NOT need an attorney or escrow company you can do this one your own for free.in many other parts of the country the agents and buyers rely so heavily on attorneys and closer they end up with transaction atrophy IE they have no clue how to do the basics. 

Prices aren't going up as much as the amount they try and screw me for lolWe ran experiments and thus the reason for this post heheI get my employees to go in after me and to no surprise it's always cheaper.I dress like S#$% every day and that doesn't work either.I drive a Porscha and once again, it was cheaper when my employee took it in to another shop.Sucks relying on someone else to get basic **** done so I don't get scammed on price.Thanks

I'm sure the answer to this question probably varies by locality, but a general answer or your own personal experience would be helpful.  

in my short experience there should be no charge for that, at least I wasn't. i haven't dealt with a ton of contractors though and it may vary state to state. 

Talk to a lender (in Charleston I've been happy with South State Bank, your mileage may vary) and see what they say.

Loan points/rate may also vary.

Of course it varies based on the size of the building and what vacancy factor, mgmt expenses and repair/capex expenses you are using too.

A lot of varying opinions here!