It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.

@Patrick Pan, if I was operating in a state where that was a concern I would just contact their current landlord for a reference.

There are other ways to determine rental amounts like researching in zillow and/or rentometer, which I typically reference.

Avoiding the occupants from squatting is best addressed with background checks, employment verifications, and references before signing the lease.

We refer folks to bank-type lenders regularly throughout the year when that make more sense for our clients. 

Look at all the above and more.History, experience, assets, ability to pay, collateral, references, credit score, etc.The more the better. 

You've been calling me a lot for work, and I've been referring you. 

You say "skip tracing is outdated" but only make a vague reference to "creating your own leads".

This is the BEST $100 you will ever spend, and if you listen to Amanda Han's tax book, you'll know it's also likely a business expense for you to write off :) https://biggerpockets.supercast.com/My perfect way to learn from the BP books is to listen to the audio book through the subscription above, then books that really stand out to me I go old school and get the physical copy so that I can re-read it, take notes in the margins, and put post it notes so key points are easier for me to re-reference in the future.

Would love to hear your thoughts on whether pursuing this adjustment makes sense or if I should reconsider.For reference, I’ve included the following assumptions in my calculations:5% for maintenance3.5% for vacancy10% for capital expenditures and management feesThanks!