Someone processes application data...

Also, make sure to factor in vacancy, HOA (if applicable), and management in the underwriting at the least.

Instead, a lender will want to see that the property currently brings in (or has the potential to based on market rents) enough to cover the monthly principal, interest, taxes, insurance and HOA (if applicable).

When researching applicants I review county court records. 

He is facing a big repairing cost right now.My questions is can I ask all my applicants to disclose if they have pets including service pets when they apply?

what is applicable?

Was The person you rented to the most qualified applicant?

Even if its not applicable to how you are looking to invest, areas where the government is putting a bunch of money could be good bets.

However, whether gift tax is applicable depends on the value of the property transferred and the lifetime gift tax exclusion amount, among other factors.Cost Basis for Your Dad's Portion:Your assumption is correct.

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.