Fix it properly, then rent it out to a highly qualified applicant. 

For example, if the EMD is $1,000, you might charge your buyer $1,500 (as stated in your assignment agreement).

He was sued by the state on various charges like telecommunications and identity fraud, but was slapped on the wrist.

we do a brief pre-application online before offering to physically show any apartments. 

So if the appraiser determines for example that the average rental amount for the area is $1,500 then the mortgage, taxes and insurance (and HOA if applicable) need to be at or under $1,500 to get the most favorable terms. 

For us, screening takes place from the time we (someone from the office) speaks to the potential tenant, through the showing, and the application process.

@Rion Redinger Hi Rion, I don't show a unit until I have a completed application including a pay stub documenting employment and income, a copy of the applicant Driver's License and I will have run public record court searches for all munis and counties listed on the application.

I would always suggest a camera scope, plus termite inspection where applicable.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

You can count on the contractor work be at least what the local Lowe charges for installation of things.