Running background checks on tenants, criminal, eviction, employment history are some way to determine if this is the right tenant for you. 

I would also provide a small line of credit to the partnership which I would charge for of course. 

I financed this deal using a combination of cash and a line of credit.

I financed this deal using a combination of cash and a line of credit.

As in real cash backed by the full faith and credit of the United States government, however shaky that may seem ;)

No licensed broker may pay a fee or a commission or any part thereof for performing any act specified in this chapter or as compensation for a referral or as a finder’s fee to any person who is not licensed...The statute in this great state even cites relevant case history.

A good deal is a good deal, however with that said you also have to resell the property so you have to be in a place where people have money, access to credit, and want to live.   

It’s fantastic to hear your journey in real estate investing, especially after such a long history, starting in Washington DC and now reigniting that passion with your wife in Charlotte.

I'm using a service called 'PetScreening' where the tenant fills out an application on their pet (birth date, shots, bite history, etc) and based on the answers given a 'fido score' is given to help the Landlord figure out the risk associated with the pet and the reasons why the score was given.

You must never screw up and use a credit card or any other form of personal payment or your ENTIRE account is considered withdrawn and taxable.