@Andrea Hauserman Technically, property management fees are included in calculating NOI.

I actually borrowed $53,700 which included my $1,000 closing cost and 5pt loan origination fee.

Only really need one deal some require more. 3.5% origination fee, 9 to 12 points also depends on credit.

Some might charge additional fees for marketing the property.

In this circumstance I think they would be more likely to work with you on fees and such.

There are physical companies in each state, that you can hire to do pre-purchase inspections, usually done for a fee by general contractors, from the foundation, to the roof.

---one has been in place about 1 year; just started a new 1 year lease; seller says he is a PITA and it typically late on his rent, but pays the lease-ordered $25/day late fee-Seller said he wants to enter an owner carry / owner finance scenario, as he wants to spread out his tax liabilityHere's where I need your advice:-Seller paid $150k for both properties four years ago. 

I use Chase quickpay for some of my tenants that also bank at Chase it is really easy there are no fees and you only have to give them your email address for them to be able to send you money.

They probably won't charge you crazy fees and they trust you more. 

Remember as people age they sometimes forget to do things and you don't want them racking up fees by forgetting to make payments.