Soft pulls are things like getting pre-approved for a credit card, checking your credit score with a credit monitoring service, and businesses you already have a credit account with checking up on you.

Anything that is automated tends to lag behind reality.Bottom line, learn your market, and learn how to evaluate comps yourself, then you have no one else to blame if you under or over price a property.One final note - you don't actually have to buy properties (or even make offers) in your market to evaluate and monitor their list price, days on market, and sale price - pick several representative properties in your area to monitor and evaluate as test cases so you can learn by doing, but without risking any money or wasting anyone's time.

It will be a lot cheaper to just lower the rent to what the market will bear for a good tenant with no prior evictions and stable income.It's a lot easier to blame a high utility bill on the landlord than it is to monitor energy usage and live inside your own means.

The borrower also agrees to cover all of lender's out of pocket expenses after closing; this would include "administration" and "monitoring".

Thanks Nathan,Bloody hell mate,Looks like Ohio Cashflow will need to hire a full time legal team to monitor every one of our posts, blogs, interviews, the color of our socks lol, etc...Haha ;)Have a great day and chat soon.

When you did your intial application it will tell you your real fico score via a soft pull, did that say 740 or are you getting that from a credit monitoring service.

You will receive a series of emails that will lead you, step-by-step, through the process of improving your credit rating.The main thing you will learn--and the most important--is how to monitor and maintain your credit records.

I monitor loopnet, but not many multi-family apartment buildings there either. 

I'll for sure continue to monitor the trend and I appreciate the insight you guys have delivered. 

Will keep monitoring these forums.