Verify the information on the application and complete your background checks.

If the score is low and the person is young w student loans, are there other steps I can or should take to verify that this person would be a good renter?

As far as numbers, it doesn’t really matter what you are given, you will verify them before you buy.

Verify this with a local real estate attorney/title co.

Unfortunately I made all the mistakes of not having a new contractor sign a detailed contract and we gave him draws before verifying work was actually completed.

Once you acquire, you start your rehab, let's say you upgrade the kitchen and it costs you $15k -- you submit your receipts to the lender to show you paid $15k for the kitchen, and they send someone out to verify the kitchen is done.

The contract normally shortens that to only 1 day (check your contract to verify). 

Verifying some older Google Map street view dates that suggested this property was on the market for 4 yrs, I thought it might work to reach out to the listing agent and offer 10% down, with seller finance.

Is the quality of the structure solid, and what would it cost to rebuild.3a) Verify taxes.

I’m saying as a lender - how do you verify 2.5x income?