Advertise rental through several streams (craigslist, sign, word of mouth, Zillow, potentially an agent depending on response rate)2. sign up for a background check service to check on prospective tenants3. cursory review of applicants4. submit a scaled-down list to background service and follow up on any referrals for potentials5.

It has been helpful to submit the offer with proof of funding as it seems a lot of deals here fall through on the financing side.I run my analysis based on asking to be sure it works, but have managed to get around 5-7% lower.One exception was a recent buy that, in my opinion, was priced about 50K too low.made list price offer 15 mins after it went live, sight unseen.

I can see the LAs hesitation if you are newer to buying RE.I always submit my offer solo and state I will remain unrepresented unless the offer is countered. 

If you love the property, go ahead and submit an offer!

Last I checked multifamilies required 20-25% down as well, so that's a win for a MF.As far as the quoted question, because the affidavit you'll sign and submit to the Landlord&Tenant Board and to the tenant says that you're buying the house, and want to evict the tenant for your own use.

Super excited to report that we'll be submitting our first offer on a property tomorrow!

Considering submitting an offer on a 3 unit which is fully rented.

That only banks really cared about operational agreements and we could tear up and submit other versions later.

@Jack B.ANYTHING, as you pointed out, can be faked.BUT... if you are doing that for an apt, you risk committing a crime by falsifying information.So, let's say a tenant has the following:- NO CRIMINAL HISTORY from the Report- HIGH CREDIT Score from various sources- Qualified and Verifiable Income from their Employer- NO EvictionsAfter checking all of that, they then submitted a FALSE 6 months bank statement?!

Submit your PFS and tax returns to us by April 30."  ...so we can decide whether to extend you when the time comes and otherwise you will be in default...