-the tenant is a friend of mine, and I believe his car and address for employment and bills is still listed at his parents' house a few cities over. 

Paystubs and / or double check their offer of employment with their employer.  

Also another reason people can need to pivot from utilizing conventional loans is their DTI gets capped or they are self employed and thus despite having ample liquidity to conduct the transaction they’d trying to do, can’t document income to the lender’s standards.  

This knowledge can pave the way for innovative partnerships that blend the best of both worlds.Conclusion:The tension between realtors and wholesalers stems from operational, financial, and ethical differences compounded by the distinct impact each has on the real estate market.

As someone who has hired and worked with many, I’ll tell you that these employment opportunities are great for both sides, just as every business transaction should be.

@Alf Holst another way to achieve what you want is to give preference on occupancy to those employed in town.

I was wondering if there were risk mitigation strategies I could employ.

The company's legal counsel has said a guarantor is not needed, citing the company's annual revenue and an employee, effectively, being unwilling to cut a check on behalf of their employer if it came to that.

Why would you care if your tenant is self employed, or worked for someone else and thus had a different work address?

When you start to get to $700/mo you might see more people with less stable employment and part time employment since that’s $2100/mo in income.