Background checks, credit checks, evictions, etc. and I'd look at how long they've been in business by looking up their LLC (if applicable) on the SOS website.

You're just trading one set of problems for another.Highly recommend inspecting current home of any S8 applicant (we do this for any applicant under 620 credit score).

When I first started my STR business in 2019, I watched F&G and other similar videos (such as Noelle Randall on business credit cards), and subsequently started making application for business cards.  

Unfortunately only about 5 applications have been fully submitted and all of them have failed to show proof that they can afford to pay the rent and provide the proper references.

- Tenant application and screening reports, background check, etc- Unit walkthroughs- Inspection by quality inspectorFew questions I have are, whats your thoughts on:  1) Rent estoppal letters from tenents? 

The remaining 25% of the gross rent will be absorbed by vacancy losses and ongoing maintenance expenses.When using a lease agreement, the lease agreement amount must be supported byForm 1007 or Form 1025, as applicable, orevidence the terms of the lease have gone into effect.

Its handy for me to store maintenance materials, lumber, vanities, applicances, etc, for my other properties.

With Freddie Mac SBL, you rate lock at loan application (no interest rate risk during underwriting).

But mortgage applications have been strong since rates have recently come down.

Was very conservative on applicant selection.