They likely know people in the area, and then they might feel that you are trying all avenues to find the next tenant.

no reports of incidents with our residents but there were some people injured and some homes damaged. 

The credit committee is usually made up of local people who are familiar with the market they are in.

So I steer clear of them and instruct my team to pass those people along to me to handle.I also have nothing more than my word and all of our 80+ all 5 star reviews. 

There are people with tons of experience.

But I think if I can get enough people on board it could work.

I'd also recommend connecting with as many people as you can and be a sponge.

It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation. 

It's just not how successful people operate.

Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.