Credit and Background Checks

[Harris Pantlik]

Hi All,

I am planning to close on my first rental property tomorrow in North Charleston, SC. I purchased the property with 5% down. It is actually two homes on the same lot that I plan to separate with a fence. I plan to live in the 3bed/2bath home and rent out the ADU (2bed/1bath). I was looking for any advice with finding potential tenants for this property. I was planning to run credit and background checks with application fees but any other advice would be much appreciated. Does any one recommend a credit and background check company to streamline the process?

For tax purposes, I sent over my appraisal to my CPA and we plan to depreciate the ADU and write off as much as we can (i.e. tax, utilities, repairs). I also plan to make the largest room in the large home a home office and write that off. I am all ears for any other tips.