Verifying last 2 years of rental history very important!

Residents can pay $1600 for rent and be in nicer areas of Memphis with better food, school, job, and transportation options. 

Title insurance protects the lenders in case issues with ownership arise after the sale.Underwriting fee: This is for processing the cost of verifying the borrower’s credit history, income, and other financial information.Discount points: Many investors pay more money upfront to buy discount points and reduce the mortgage interest rate.

Personally I love reading that isn't a school-style textbook and when its about putting things into practice, I'm all for it!

About 3 years ago my freshman year of high school I was told if I was to house hack after high school I could own 5 properties in 10 year's.I took that to heart and have been saving money since then reading books and listening to podcasts about finance, business and real estate.

Property SelectionFocus on Neighborhoods: When searching for properties, prioritize neighborhoods with good schools, amenities, and access to public transportation.

@Jackie Liu you probably have enough info to deny their application, but if you want to continue to try to approve:1) Ask applicant for copies of their lease(s) to support they've been there for 4 years and who PMC is.2) Get 2023 W-2 to see what address is on it3) Ask them to obtain and provide you with their FULL electricity account history.

Study history, learn a bit about it, you may need it. 

Verifying last 2 years of rental history very important!

**One example is there are thousands of old school buildings and old government buildings that are sitting empty all over America.