For my screening criteria - income from all financially responsible applicants is combined and compared to rent.

The key for any tenant, S8 or not, is screening, imo. 

. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?

I did not know of this time log requirement for STRs, so as a newbie I am going back through emails, texts, phone logs, invoices, etc. to determine how much time I spent on everything.  

If I have specific questions about a transaction I’m doing or something like that, I just ask via email or phone call.

I disagree with Best Properties ( post above )as I have given Matt Scott money and I can always get him on the phone if I need to.

I found this out after several victims skipped traced me and called me at my real phone number.A search of the scammer’s phone number indicated it was used on other fake websites to falsely represent other legit lenders, as well.

Usually you have to pay for the privilege of getting a return phone call from an attorney.(9) We have over 30,000 of uncollected judgements on six cases and like the LA fires, try to forget about getting back what you had, move on and take precautions never to get into that situation again.

If they don't know how to screen and get the horrible tenant, they apply it to all.

Challenge is where is their motivation to properly screen applicants and get rid of nonpayers?