It is not a huge number of points, but if you were near an important threshhold (if you have a 742 FICO, of example) it can cost you big.App-ing with three lenders is fine, because if the applications are within the same month, they will be considered part of the same search for credit by FICO.But once you have a pre-approval, move fast.

The assumptions are, someone bought it and are reselling it, fine, the other assumption by Realtors can be it's a wholesaler and they may start a ball rolling against you.

Stay with that thought, get financing that is half as much as your rents and you should do fine!

I think the 2x SD fine can only be given once, not per occurance In the event of a sale, lease, transfer of ownership or control or other direct or indirect disposition of residential real property by a landlord who has received a security deposit or prepaid rent from a tenant, the successor landlord of such property shall be liable to that tenant for any security deposit, including statutory interest, or prepaid rent which the tenant has paid to the transferor.

They are doing these as commercial which is fine, but are you truly going to get 5-7% on fully amortized commercial rates?

One month into the autumn academic semester and many of those "dives" are sitting empty, while we are full (we even had to turn students away this year).So, you can compete with the big boys ... just find a way to differentiate yourself (never do this on price, you will always lose) and you will do fine.

Its perfectly fine if you want to do your own property management.  

On paper things appeared fine.  

And its a fine line if you think about and read enough on BP  your a hero on BP if you got some poor seller to sell to you so far under market that you make a killing...

Not to put too fine a point on it.