Be real cognizant to protected classes if denying a tenant on something you learn via a social media search.Note lying on an application is crystal clear reason for not choosing a potential tenant.

It was a little stressful as we were footing the bill for the mortgage ourselves for a month or two more than we would have liked, but there lies another benefit of going in with a partner to spread out risk and financials.  

It's hard to build a business on lies.

We just say, that's what the company does, we can't control it...they do not know the company that owns the company that owns the property is me...bwahahahah...and I am not lying, I am strict! 

Getting in bed with the listing agent when their fiduciary responsibility lies elsewhere may not be the wisest choice, but glad its working out for you so far..  

You want to find out what they have lied about on their application.

I am taking a HELOC so I obviously do not have the cash lying around to pay it back in full. 

You can use tax records to look up the owner of a property and confirm that the person on the phone owns it (however they can lie about their name.)Its not to late to have a friend call and pretend to be a different landlord and ask these questions as well.

In addition to the potential increase in cashflow by doing a 1031 Exchange, it would give me peace of mind as this property is the only one in my portfolio that is exposed to a high risk of flooding during a natural disaster as it is located in a very low lying area.I am happy to provide additional numbers/details if there is anything I am leaving out.

Well, I know I didn't sign it so that means that the tenant lied when he signed the form and misrepresented himself as the owner of the house.