Sometimes, there’s even newer construction being built right after nearby causing the home values of the existing properties to drop and rental numbers as there is always someone with better access to debt or lower acceptable margins than you.

What tools and methods you use to screen tenants before accepting their application?

• How should I handle accepting rent payments for "extra" time?

Also, I'm curious to hear – how does renting to C class tenants modify (if at all) the criterion for accepting an applicant? 

I sincerely hope things change but if you had to ask me right now, I would accept all of my (300k) capital back if they wired it back to me tomorrow. 

The main issue is, since I'm using VA benefits to purchase these properties, I have to live in them, and because of this, they have to meet a threshold of what my family is willing to accept.

Price: $1.2MOffer: $900kI had my agent call to see if the seller would accept this price because it's been on the market for a year.The seller's agent said the owner had rejected a $1M offer in the past, but it's been awhile so maybe and asked for a formal offer with proof of funds and pre-approval.Why?

If purchasing all cash do we just accept a smaller COC return?  

Seller shall furnish a copy of a prior owner's policy of title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, which is acceptable to Buyer's title insurance underwriter for reissue of coverage; (B) tax search; and (C) municipal lien search.

If you choose to accept it, make them apply and pass your screening, add them to the lease, and charge extra rent to make it worth your trouble.