We explain what the criteria is and time and time again tenants say their credit is great or their criminal history is perfect and they pay their fee.

At the same time I would look at the lease you have with the abuser and see if there is a clause to terminate his lease for "criminal acts on the property".

However illegal flipping opens one up to criminal prosecution.All one needs to do is google "illegal flipping" and you will find a plethora of information on the subject, from HUDs 2003 memo and subsequent guidance memos, to Freddie Mac guidelines etc.I think the problem for many on here to understand is that they were not doing business when this was a prevalent occurrence, and the people most familiar with it are probably appraisers, lenders and agents...and less so investors.

While I don't have any advice for you pitching the idea for funding, purchased mine with seller financing, I had the following thought:While focusing on the car enthusiast niche is a good idea backed by tons of demand, I worry that your facility would be a bigger target for criminal activity if it's labeled as a car storage facility.

@Aaron Gould Aaron, I agree with David as Mysmartmove.com has criminal, credit, and eviction and is recommended quite a bit on BP.

So we definitely want those.You do need good credit, and we have a very stringent criminal fraudulent background check.  

I still think it's a good idea to offer wi fi as long as I include some sort of clause in the lease stating that my company is not responsible for any criminal activity that is done with it.

I'd love to hear from folks using online apps and having applicants pay for credit/criminal checks themselves.

And can be risky for buyers who try to scale this and do not have SUBSTANTIAL cash reserves.buyer starts defaulting on these and does not have the protections you put in place for the sellers.. the SEllers get very mad and start filing complaints of a criminal nature.. many SUB TOO equity skimmers have found themselves in deep trouble and in Jail ( where they belong).I rescued a company in Oregon that did about 35 of these.

Whatever you do, make sure you run a full screening package (credit, criminal, and eviction) on all applicants as well as an address history report to check their past landlord references.