If they give you a proof of funds letter without a full application and credit review burn it.

Do you now how to market the property, screen applicants, enforce a contract, conduct inspections, coordinate and supervise maintenance, etc?

Turns out, heloc underwriters are trained to use the Schedule E as one of their main sources of information, more so than any leases or receipts you might include as part of your application.  

I believe the concepts in Brandon's book are still applicable in today's market, though those quadplex deals are likely harder to find.I'd love to send you a copy of our newer version of this book called Real Estate Rookie, written by Ashley Kehr in 2023.

More specifically any info you can share around tools you use to receive applications, background & credit checks, analyze the applications and rank and rate the applicants.  

We will jump on a call to review the deal and your options together before requesting an application.• Are drive by appraisals a thing, if so, when are they used?

I wanted him to fill out the application and do a credit/income/background check but I'm not sure if he will pass since he has no history in this country. 

In fact, you can list the entire amount as income on your application.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

A lot of the discussions here are going to be very much a North American application to investing since regulations and financing are somewhat similar for the US/CA, but likely different for Africa/Europe etc.