Also, always verify employment and prior rental history—don’t just take their word for it.

The other benefit to verify is if you have loss protection.

I have pulled a permit for removing a fireplace, but probably would not have but I had a significant remodel going with permits and did not want hassle of him making an issue of removing the fireplace (the inspection for fireplace removal consisted of only verifying gas cap was in visible location, he did not even spray it).

As the property manager, it concerns me that the software does not allow me to select message timing and verify content of communications that are sent directly to MY tenants.  

@Alex Tang I would call your insurer to verify.

In addition to Nathan's great recommendations, I also suggest verifying that the PMC is licensed.

If you manage to get this off the ground and do some verified - meaning paperwork is in your name, or company's name, etc - projects that turn a profit, and you build some capital in a bank, you should be able to go right to that lender after a year or two and start a relationship no problem.  

Verifying last 2 years of rental history very important!

Income: Verified monthly income must be at least three times the rent (minimum $4,200 combined).

I plan to kindly follow up with collecting.Trust but verify - I looked it up & there was a news story about itAnyone know of any resources out the there to help him in the short term with rent?