in Sojac these days its pretty much landlord dominated and values only track what a landlord is willing to pay for a given cash flow exit is very limited there is not much in the way of owner occ their anymore.when i first started lending in Jackson about 2003 there was a ton of owner occ flipping going on in sojac and thats all we did.. then the lending rules tightened in that area and the only exit became to sell to landlords and mainly out of state landlords as there simply is not enough local landlords to take up the inventory that has become available there. 

When we sent them our lease to review, they backed out saying we asked a lot of personal questions during the background check and after looking at the lease we should consider what kind of landlords we want to be. 

Honestly, most of the companies that back DSCR loans are "investment bankers" that don't have formal credit backgrounds, so I'm not sure if I would trust them if they say they don't report.

Background check / vet potential tenants6.

My question is, for the unit I am moving out of, what’s the best company to use for online applications, tenant screening, background checks, credit pull, etc. ?

There, you can share a bit of your background story, include contact information, service areas, websites/links, social media pages and more.Wishing you all the best as you continue to expand!

Or do I have to use an application from a company that does background checks?

I like severe fixers because, with my background (where I can do all the work if needed) that is where I will get the biggest ROI, and I get to have fun too!

The background is this.

I plan to do the normal background/credit checks, get references for the tenants, etc like I usually do.