It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Does it being in at least $7,200/mo in rent to cover 1.2% DSCR loan if you put $275k down and the insurance/property taxes/utilities are under $500/mo?

If the numbers do not work, or the borrower does not seem likely to pay me back I don't.

The investor generally needs 6 months of "reserves" or savings of mortgage, property taxes and insurance (and HOA if applicable).

At the cost, and given the benefits of most mortgage insurance offerings, is it worth it to pay (however much extra it is)?

They are asking 950K.Gross rents: 100,800Utilities: 3KInsurance: 7KProperty taxes are roughly 10K for each 450K in value.Repair/Maintenance: Don't have figures yet but I'm assuming it'll average out around 10K a year.The lender I am speaking with also requires me to also include an 8% vacancy rate and a 5% management fee whether I have those or not.With an interest rate of 8.15% and 20 year amortization, I can't get close to a 1.2 DSCR until my amount borrowed is down to about 450K. 

He obviously oversaw everything and approved, and we of course pay extra for that.

What is worst is when they run out of time on their current hard money loan and are paying penalties/very high rates for going past the maturity date. 

However, I'm really interested in what an investor would be willing to pay for it given they can rent to 2 different families

If you are in a low tax bracket, it really may not be worth claiming.