The mortgage broker seems useful even just to reduce time spent.

Reduce Your Risk, Use An Estoppel Agreement (Free Form Included)by KEVIN PERK on JUNE 10, 2013Related article found here on bigger pockets.

I am thinkin about asking her to reduce the price from $395,000.

You may attract fraternity or sorority members, which would be great for reducing vacancy but potentially terrible for the condition of your investment.I don't know your market, so maybe filling a 6 BR is relatively easy and straightforward.

I like your plan to move into a M/F property to reduce expenses.

@Tod Radford, yes I purchased an individual MSA for the reduced amount of $150 which provides quarterly updates on my local market.

Many private lenders will reduce the origination fee and the APR on your 2nd or 3rd deal with them.

Even though they appear before Congress, nothing is done.There are numerous methods you can use to reduce your risks.

My reasoning is based on the fact that if wait for the roof to begin leaking, you a) have more damage to repair, b) chances are the roofers will be busy at that time and may charge more c) you can be more flexible with the roofing contractor now which may help reduce the cost and d) you can evaluate and get bids from multiple roofers thus maybe choosing a better roofer.

With your reduced mortgage cost start saving at least half of the saved amount.