So the loan actually ends up just costing the title insurance and the appraisal minus what is leftover from the credit.

I think a big part of the decline is how tough it is to get financing and insurance for new mobile homes now.

Is title insurance required and how would this be handled?

Utilities are said to be 400/mo paid by landlord, taxes 1300, insurance 500. both sides 3 bdrms and one bath.

Contract states that due diligence does not begin until I have given my written notification that I have received all requested documents.During due diligence I request the following documentation:P&L Statements.Seller's Tax Returns and Bank DepositsLease agreements and rental receiptsCopy of current management contract and payroll registerCopy of insurance policyCopies of service and advertisement contracts (Trash, Water, Util, etc)Confirm any existing liens.WHAT IS THE BEST WAY TO GET TAX RATES, SINCE THEY MAY CHANGE AFTER THE SALE?

Negotiate a good deal on your start up expenses (E & O Insurance, signs, MLS and board membership, etc) versus the cost of the commissions you are paying.

You'll find lots of useful articles here, forms, spreadsheets, you name it, not to mention many other fellow investors who are welcoming and generous with their insight, suggestions and advice.I'm a realtor, an investor and an insurance agent in the New Orleans area.

I read that title insurance is lost and this can be very dangerous in the long-term.

Cats on the other hand we avoid (their urine smells and stains) I should note that we do not have carpet in any unit We have no weight restrictions and our insurance does not change as long as they aren't certain breeds.

This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...)