I have no idea what type of tenant this is yet.  

Obviously thats quite a difference from a traditional or FHA loan but from the research I have done it shouldn't be costing me more money, especially since I took the actual loan amount and typed that into  the calculator.  

What type of rental are you wanting?

If it's you, put some thought in to the types of tenants you'd like to have and almost reverse engineer your strategy from there.

You need a legal professional who is tough when needed, wise and very experienced.Legal expenses are deductible against taxable income if you're structured properly.Then again, this is the type of expense you should only need to put out once.All that said, of course, it sounds like you need to be dealing with the local LLC-friendly banks. 

Fast forward to today and I've been doing the same type of work (admin support for faculty) with a small increase in pay and a title change.

I make sure my clients offers are all legibly typed out, neat and easy to read, with realistic time lines based on the type of funding they have and due diligence they need to perform.  

Hey Xavier, is your plan to list rent to own (lease option/lease purchase) type deals on the MLS that you have an assignable interest in, and not representing the seller/buyer in the transaction?

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This type of transaction happens all the time in the commercial world.If this has been helpful, please vote for this post.