Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Ideally this would be a service that charges per individual background directly to the applicant before hiring.

Market rents from the appraisal and/or the actual rents need to cover the mortgage payment, property insurance, taxes and HOA (if applicable).4.

An easy math example is $1,250 of rent needs to support $1,000 of mortgage, property taxes and insurance and HOA (if applicable). 

So, if you are buying in lower end areas or an area that is harder to attract high quality tenants, you will likely have more vacancy due to fewer qualified applicants and often time wear and tear that can be fairly expensive with each new tenant.

@V.G Jason thanks for the applicable anecdotal data!

We take pride in having clean properties to attract multiple applicants which allows us to pick the very best ones.

@Aruna Ravichandran affordablehousing.com should be more than enough to get you section 8 applications.

Depending on your property, you may have all applicants with a housing voucher.  

What you can do is request rental history & applications so you can review it yourself to find out as much information as possible in terms of their payment history.