I would check if you can customize the form beyond its default questions.That said, prequalification alone isn’t enough—it doesn’t replace a full tenant screening.

If you have the means to cover debt, you can avoid the accounts being liquidated.   

Thank you Eric.In addition to the rental properties, my wife and I have a paid off house, paid off car, and about $1.4m in retirement accounts, brokerages, and savings.We live in a HCOL area and our expenses are $9.5k per month even though we live pretty modestly.I set out initially to have real estate pay for at least some of my expenses in order to give me more freedom and financial security.Is your wife quitting too? 

When a tenant causes problems, I can remove them six ways from Sunday, typically much faster than the courts could do it.Financial Management & Reporting: It may seem small, but accurate accounting is important and not in the tool box of most investors.Market Knowledge & Rental Rate Optimization: Understanding the market is critical to maximizing returns.

They changed their policy promptly.It seems to me that some companies could use this as a tactic to scare customers from discussing what they feel to be their version of events. 

Keep in mind this is a self-directed account and most are not.  

Accountant said use MACRS (Modified Accelerated Cost Recovery System) 27.5 years.

That accounts for $940 per month of my $8,000 expenses.

If so, those bookings and the accounts go away.

I hold the account in my name and grant them access – Would this create any liability for me?