You said you are new to real estate investing but you have a background in residential real estate - what does the background consist of?

This is a beautiful house - rehabbed/looking new and fresh - walking distance to the water etc, yet low gross yield  compared to Byrd (???)

The background check is supposed to identify the amount of risk, then you determine whether you can mitigate that risk or not.

Your listings are beautiful... you guys have a great design eye.

The fact that you’re leveraging your background in property management and deal analysis is huge, especially in a city where margins can be tight, but the upside is massive. 

For some background info, I am 22 years old, and I graduated college in May 2024 with my bachelor's in construction management.

Buildium and Rentprep will also need the video tour, and the home office ownership or lease info if you want to be able to run credit/background checks directly without having the applicant submit and then approve you to receive the data.

You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.

There just seems to be a lot of credit and/or background issues with prospective tenants.

I have legal background, billing, office and executive assistant type experience, and now many years of marketing experience as well.