Its the training part, but also a LOT of other steps: verify pay stubs, copy ID or drivers license, hand over keys, do property orientation (going over how to rest a GFCI, turn off water, change HVAC filter etc etc) and collect sedurity deposit and first month rent

They're emails don't really suffice (watered down info) as they hide accountability and only seem to be prefer an aggressive approach (from scaling their operations too quickly to form an OpCo during the trough of the economic cycle) to now going after their lenders.

I'm strictly focused on electrical, plumbing, water heaters, HVAC tune ups (hopefully not a replacement) and any safety issues.

When I started asking specific questions this is what he replied:"There is no points the only fee paid is the down payment for loan registration process fee which is paid after the signing of the approval letter also we will need a proof of residence like ssi document, water bill etc. for proper verification of were you stay."

Long-time paramedic, getting my size 16 feet into the water providing safe and affordable rentals to those that need it. 

On the water why did it come in? 

.  in our area, it is common to pre-lease 9 to 10 months in advance before the academic year begins and for tenants to pay every utility including water .

Unfortunately, I’ve run into a lot of people who were sold a project that was dead in the water to begin with.

I managed to do that with my first house and got a massive flood of water as the old system drained.     

A pattern has started, and now he' testing the waters to see what he can get away with in the long run, which means you no longer have authority in the relationship.