You will need to vet them to confirm they are good for your property. 

The recent undersupply has created serious affordability challenges.This data confirms what many of us already feel in the market: we need more housing.

I don't check with city for them, I put it on them to get me confirmations of licensure and viability for it.

There is one exception to this rule for VA borrowers, but it requires additional inspections to confirm the home is functional after having been moved more than once.There are some additional guidelines or requirements for the manufactured home itself that us lenders might have to satisfy prior to closing.

Just to confirm- does your wife have any other W2 job? 

After over a decade of investing in Milwaukee I can confirm you have arrived at the correct consclusion.

Confirm that the investment thesis is stress tested and put through a scenario analysis.

TurboTenant offers a maintenance program for $149 annually; they will respond to tenant issues, troubleshoot, assign to a pro, and charge your card on file (unless it's over your set amount, then they will call to confirm).

And the second was that it was in a flood zone with the listing agent and seller saying it had never flooded but we were able to get confirmation that it had taken on water at least 3 times in the past year and the insurance agent for the property stated that with the flood insurance the premium would be close to $11,000 annually which meant the list price had to drop from $339,000 to less than $239,000 to make anything work.

This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability​. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.