That realtor said the fee for screening would be a third of a months rent, which I'd pass on to the exiting tenant.The tenant feels this amount is excessive and asked if it would be acceptable for her to locate a different local realtor to do the screening, assuming another would change a substantially lower fee.So my questions are:1.

LOL and excessive acronyms scare me a ton.  

Here is some language from the one we are using:2.The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months.

The increase in rent doesn't justify the excess debt you are taking on.Why do the repairs at all if it's already rented out and cash flowing?

Yes, 10% EM is excessive in this case, and whatever EM goes to a title co.

On average, I would venture to guess that the process is at least several months in duration and is filled with excessive/extensive logistics and paperwork. 

Valuations in real estate and the equity markets, as well as people's access to cheap capital, are all being propped higher by the excess liquidity in the market.

Would it make more sense to remove it completely and eliminate $700 of excess insurance?

Having read a summary, and THEN started the book, it seems like Hill inflated a bunch of obvious ideas and characteristics and coated them in a syrup of mystical thinking and excessive, sugary words.

I have been involved with short sales that have taken in excess of 1 year because the owner had trouble qualifying and the banks assessment of the property values made it more profitable for them to foreclose.