Furthermore, things that hurt your credit would include lates, disputes, recent additions like getting a new credit card, closures of revolving credit lines, frequent pulls, length of time each tradeline or credit line has been in place. 

Also, the trustee can pick you, it doesn't have to be widely marketed, or be an arms length transaction, they just require 95% of appraisal.

If an accident happens you can't measure the length until after which is too late.

The nice part about Homepath is that there is no PMI.Here is a random set of numbers at 10% vs 20% down on a fictitious property:10% of 59k purchase with 5k in closing costs Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $285.05 Taxes $83.33Sewer and Water $100.00Trash $-Heat/Utilities $-HOA $-Cap Ex and Ops $150.00Insurance $65.00Mgmt Fee $90.00Vacancy $72.00Total Expenses $845.39Unit 1 $900.00Cashflow/month $54.61Cash on Cash Return 5.75%20% of 59k purchase with 5k in closing costsMortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $253.38 Taxes $83.33Sewer and Water $100.00Trash $-Heat/Utilities $-HOA $-Cap Ex and Ops $150.00Insurance $65.00Mgmt Fee $90.00Vacancy $72.00Total Expenses$813.71Unit 1 $900.00Cashflow/month $86.29Cash on Cash Return 5.99%

When looking at management companies, I think it is best to focus on metrics like average tenant stay , renewal rates, and lease lengths. 

I actually had a luxury condo that I had been living in, and decided to rent mid term length when I moved.  

Out of hundreds of real estate clients, I think I have 3 that go to these lengths AND do it accurately.

@Rachel Murray - In the double close scenario, it is used to 1. initially hide the fee of the wholesaler and 2. to perform a legal arms length transaction.

But they didn’t explain to me how much length I need or which kind or what the vent extension looks like… could someone help me?

Secondly, what are the usual terms of mortgage ( Rate & length?)