We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

Many times, HMLs are best suited to cover both purchase and rehab to avoid that double-lien issue.

@Zachary Cain Humphrey, IGMS  has been pretty good , been with then two years , never had a double booking , pricing fair 

Purchase price: $85,000 Complete gutted single family home on double lot acroos from Buffalo Lake.

Another period of QE will drop rates to the 3% range for a period.Ultimately, history has shown real estate values to double every 15 years. 

@Kayce Tackett I've been doing a strategy with buyers that is essentially a double close.

Wait. let me try to paint a picture for you.If you were blindfolded in the middle of a city and randomly picked people BLINDLY, you would have FAR MORE chance of getting a motivated seller compared to targeted lists.WHY?!

If communication is poor and/or we're not receiving regular updates with pictures and/or videos, we won't fund anymore projects.

So it more than just price at purchase its all the costs.. and MTR bring in double or more normal rent.

They will give you the work list of what was completed, provide pictures, and usually offer a small warranty.