the number of accounts in collections (or course, everyone claims their identity got stolen which caused this).We're about to either raise our screening fee from the cheap $15 per person we charge or add a requirement of a FICO score of 600 and above to weed out the timewasters.Gail

Services Borrower Did Not Shop For $ 620 $ 735 $ 744 $ 643 Appraisal Fee $ 460 $ 550 $ 640 $ 450 Appraisal Mgmt Fee $ - $ - $ - $ 140 Final Inspection Fee $ - $ - $ - $ 100 Secondary Final Inspection $ - $ - $ - $ 150 Flood Certification $ 25 $ 12 $ 7 $ 7 Credit Report Fee $ 40 $ 63 $ 22 $ 22 Tax Service Fee $ 95 $ 110 $ 75 $ 75 Verification of Employment $ - $ - $ - $ 20 Verification of Employment Lender Credit $ - $ - $ - $ (20) Additional Lender Credit $ - $ - $ - $ (300) C.

Is it identical I  don't know since it is not a structure I am familiar with.    

Since the landlord is not collecting the SSN it reduces the paperwork and long approval process typically required to initiate a credit inquiry on a consumer.Additionally, SmartMove verifies the applicant’s identity by requiring them to enter their SSN into the SmartMove system and answer a series of personally identifying questions.

However, I realized that the identical building next door was paying $13,000 per year.

I  agree with your point on viewing a property first hand, I think I'm just in the stages of trying to identity towns and areas that work with my price range and needs.

I’ve put 100’s if not 1000’s of hours in educating myself in both the market and REI.If both took equal effort and had identical returns I would choose the stock market, I find it more intellectually stimulating (when investing in single stocks) and I don’t have to deal with people, tire kickers can be exhausting!

We have an almost identical approach!

@Nathan Boyer Sounds almost identical to my situation!

If you wanted to pay an identical amount of principal each month and achieve a 30 year payoff that way, you could (again) mathematically determine a function for that....but then your payment amount would change every month and would initially be alot greater, though at the end would be much smaller.Here is a graph and tables of the two payments...hopefully it helps.