You're not a private investigator are you?

A friend posted this on her instagram and I investigated and responded to the person responsible.

That said, Toth was specially allowed her expenses that were claimed as she was deemed currently operating.You should read 195 https://www.law.cornell.edu/uscode/text/26/195"(c)Definitions For purposes of this section—(1)Start-up expenditures The term “start-up expenditure” means any amount—(A)paid or incurred in connection with—(i)investigating the creation or acquisition of an active trade or business, or(ii)creating an active trade or business, or(iii)any activity engaged in for profit and for the production of income before the day on which the active trade or business begins, in anticipation of such activity becoming an active trade or business, and(B)which, if paid or incurred in connection with the operation of an existing active trade or business (in the same field as the trade or business referred to in subparagraph (A)), would be allowable as a deduction for the taxable year in which paid or incurred.The term “start-up expenditure” does not include any amount with respect to which a deduction is allowable under section 163(a), 164, or 174."

It's available to watch on facebook, BiggerPockets Money group.There's a lot of money floating around and it's worth it for people to investigate.

Ask people before they physically walk through if they are willing to sign a lease, write the check, complete the background investigation prior to seeing the house.

FNMA went back and did a forensic review of each and every failed loan they had on their books - thousands and thousands and thousands of them.

The advantage us Landlords have is that we get to investigate and know the tenants financially while they do NOT know our financials.90% of my tenants are doing well and I would say quite well.

Mark, that’s a great question I’m going to investigate that.

Definitely do everything you can to investigate the area, but if you have a vision for the property and the area has decent traffic/demographics, I don't see why it couldn't work. 

For example, the low credit score may be due to medical collections due to a recent surgery but they're meeting every other financial obligation.You have to know how to investigate every aspect of the renter to determine a whole-person level of risk.