Simple standard sales process."

It's a simple way to gauge the condition of the building's main sewer line.Unfortunately fraudulent rental applications are more common than one would think so good on you for catching that.

That ends up leaving a void that's filled by unprofessional, and in some cases outright criminal operations there in the PM space.

I would be careful about sourcing these types of lists from other operators, it takes awhile to build relationships with various companies and most of the company contacts don't like their information being passed around

I successfully operate a small portfolio (3 duplexes and three single families) out of state and a good  property manager is essential. 

Obviously, you pass this cost on to your borrower.My experience with Lightning Docs is that they will answer simple questions at no charge. 

Many of these markets are very well represented by sellers & turnkey operators here on BiggerPockets.

@Eric LoweIf you cannot find a local firm, reach out to these experts who operate national firms:  @Bernard Reisz, @Yonah Weiss, @Julio Gonzalez. 

Buy low, sell high, it's really that simple.

But unless their businesses are structured very carefully they're no operating in the clear.