Jonathan, no offense to any of the other posters but their answers come from what would be considered “general in nature” since they are not local to your market and likely do not know the current market conditions of your area. 

You can’t make this stuff up.We have an applicant who had the following 4 charges expunged from her record:-aggregated assault -burglary-criminal attempt - CRIMINAL HOMICIDE -conspiracy- aggravated assault Sounds like a model citizen, right?

Many are legal, some are probably not so legal, some are probably specifically prohibited - so for sure you need to speak with an attorney about your strategy before you dive in.If my memory serves me right, it's what armando built his first guru program on - maybe it was his hair, or his smug attitude, or it was just him... but everything about the "subject to" thing rubs me the wrong way.The entire concept, i believe, really is way beyond a basic or straight-forward deal, and also puts your client in a fairly precarious position where the note could get called at basically any moment, and if they can't pay off the note (which they can't, hence the agreement to the subject to) they just defaulted and are now facing foreclosure - In fact, I witnessed this exact situation today on a $12mil note that got called in UT county.NO offense to Armando or anyone else but my dad was doing sub too and wraps in the early 70s.. :)  he had a company called California Wrap even.. and it was those transactions and many other Ca investors like my dad that then created the All inclusive Deed of trust.. to facilitate sub too in a much safer manner.. its a great document folks should google it.. its what we use to transfer title in CA on a wrap or sub too. 

It is borderline criminal.

Is it normal to do a criminal back round check on prospective tenants ?   

Insurance, finger print, some times criminal background check and a sponsor whom you wish to pay him under his brokerage. 

When I am in the process of buying a multimillion dollar deal, I would rather not leave that up to chance that someone in a forum, on YouTube, or on a podcast is going to thoroughly answer my questions and help me solve my problems (no offense BP... lol). 

Set a standard for tenants (such as minimum credit score, no past evictions, clean criminal record, etc) and do not sway from this standard.

I cannot tell you how awesome it is to have a guy like you on here keeping us oblivious (no offense to you Marc, I speak for myself here!)

Here's a statement you will likely find on every credit/criminal background check:You are hereby advised that all information in the report is confidential and may not be disclosed by you to any person other than Applicant, and then, only in accordance with the Fair Credit Reporting Act (FCRA).Just because the Landlord hires someone as the agent doesn't change anything.