Transitions are also complicated and the screening and rental process can be burdensome.

Of course you still have to put whoever they might find through your screening process to ensure they qualify.

They don’t verify guests properly; screening is weak because they’re mainly focused on hotels/flights/car rentals.

To succeed, you'll need to ask a lot of questions, screen everyone very well and monitor everything.

Any further detail is because your business wants to see more detail.DISCLAIMER: I am not an accountant or a bookkeeper, nor do I play one on TV. 

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

S8 prospects should be screened just like any other tenants and a Home Interview done at their current residence.5) The PMC is your most important team member!

All of this passed the trans union smartmove screen without raising any flags at all. 

Agent and leasing experience can help with negotiation skills, market knowledge, and tenant screening.

Some great youtubers are Lili Invests and Jerry Norton with Flip Mastery TV.