I don't know the particular company you referenced, but all of the criteria sounds nearly identical to what a number of other companies are doing wherein they have you fill out an application and then use your information to apply to various credit card companies on your behalf.

Hi Nicholas, I have a Financial verification form that a qualified professional should fill out to verify that my wife and I are accredited investors.

So when there is a flag or something is off, I require they submit a pic of the actual SS card to confirm correct identity/use of SS#.

But I took the question about "passive income from NNN" and copy and pasted the question into Bing AI (which I think uses ChatGPT 4), and the answer it gave me was in part identical to Kislay's answer. 

The results were pretty much identical.

You’re not allowed to ask about the disability, but you can verify the presence of one with their certified MHP, and that their MHP has an ongoing relationship with the tenant (not just a one-time consultation to prescribe the ESA which is how the online scams operate).

Once we have a completed application, we verify income (by calling the employer and/or with paystubs), verify previous address history (this will show up on the credit check, we ask about any addresses that show up on the credit check but are not listed on their application), and verify identity by requesting a copy of their photo ID to make sure their info matches the application and screening reports.Next, we run credit, criminal, and eviction reports.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

I am here in Memphis if you ever need some help checking things out or verifying work etc. let me know I'd be happy to help!

It's pointless→ I want to evaluate how the property is performing NOW→ Where it COULD BE performing→ And WHAT it will take to get there.This involves (at a minimum) checking comps, creating a 5 year proforma, verifying taxes & insurance, and making assumptions about the business plan.You can't determine if a deal is a pass/go simply from NOI / Cap Rate.The art of underwriting involves finding value where others miss.If you're passing on deals just from dividing the in-place NOI by a cap rate, send those over here!